The Missing Link buys Artis Group infrastructure division
- 12 April, 2011 08:56
NSW IT outsourcer The Missing Link has plans to grow its enterprise business with the acquisition of the infrastructure division of Artis Group.
The deal, which took place on 1 February this year for an undisclosed sum, was the first acquisition for The Missing Link.
Artis Group, a NSW-based professional IT services firm, would continue to operate in the managed services, systems integration and.NET application development space.
The Missing Link, which was founded in 1997, provides a range of outsourcing services including security, network architecture, and network maintenance.
The company acquired 16 staff from the Artis Group as a result of the acquisition, bringing the total headcount to 60.
Managing director, Alex Gambotto, told Computerworld Australia that no job losses were planned. Past growth had been organic and through client referrals.
"The reason we acquired the infrastructure division of Artis Group was because we saw there was a hole in our enterprise space," he said. "We had some clients in the enterprise space already but we saw that acquiring the company would lead to us having some more enterprise expertise."
Prior to the acquisition, he said The Missing Link was successful in the 5000-seat and below market.
"Artis Group was successful in the 5000 seat and above so the businesses gelled, not only from a cultural perspective but also from a client base. We were literally bolting them into our business. We don't run them as two separate divisions."
While he confirmed that The Missing Link had acquired some new enterprise customers, Gambotto would not name them. According to its website, the company works with high-profile customers including Krispy Kreme Doughnuts and trans-Tasman apparel group Hallenstein Glassons Holdings.
Gambotto said he would not rule out hiring more staff in the future. However, the type of roles were still to be determined.
"It depends on the deals we close,” he said.
No other acquisitions were planned at this stage but he said the company would keep its options open.
"I believe that since the acquisition we have been able to add a lot more value to the enterprise clients and we are also finding that customers we were talking to prior to the acquisition have come on board due to the additional value that we're offering."
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