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Deloitte acquires two technology companies


Deloitte acquires two technology companies

Bolsters New Zealand Firm’s leading technology implementation expertise

Professional services firm Deloitte has announced that it has acquired two of New Zealand’s most successful technology implementation companies: Oracle implementation firm Asparona and SAP implementation firm Tango.

Deloitte Chief Executive, Thomas Pippos, said the moves are exciting for Deloitte and are a direct response of the Firm focussing on differentiated growth opportunities. Through the transactions Deloitte will add two new equity partners and over 120 people to the Firm, adding to what is already the country’s largest consulting practice.

Consulting leader Matthew Hitch said that acquiring Asparona and Tango gives Deloitte a greater ability to respond to the needs of a wider range of clients requiring technology implementation and related services.

“The acquisitions not only enhance our market leading position in technology implementation but also ensure that we are broadly equally weighted across both Oracle and SAP platforms,” said Mr Hitch.

Asparona owner Ian Rogers and Tango owner Phil Bratton will become equity partners in Deloitte but it is otherwise largely business as usual for clients and staff as the teams will continue to operate out of their current locations and under their current brands.

Ian Rogers said that joining Deloitte will provide Asparona with further opportunities to grow the business through widening the service offering to clients.

“We are excited to bring the intellectual property and experience of Deloitte’s local and global business to our client base,” said Mr Rogers.

Tango’s Phil Bratton said that the acquisition creates a broader engagement model for the team to operate together with Deloitte in the market.

“We will have greater ability to jointly target large transformations as well as those in the mid-market, across a wider geographic spread,” said Mr Bratton.

Both Rogers and Bratton were upbeat about the effect of the transactions on their staff who will be able to access the benefits of being part of the largest global and national consulting business; in particular the increased opportunities for professional growth and career development.

Mr Pippos concluded that the acquisitions augment the organic growth already being achieved nationally, reflect Deloitte’s overall growth strategy and are the latest in a series of strategic moves to bolster the Firm’s capability.

ends

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