Published on the 07/12/2015 | Written by Newsdesk
Spark has signed a conditional agreement to acquire privately-owned South Island based IT infrastructure and professional services company Computer Concepts Limited (CCL) for $50 million…
The companies said in a statement that the acquisition will add further momentum to their growth strategies, improving capabilities, expanding market reach and deepening the Spark group’s cloud and platform IT services. Spark said the acquisition is consistent with its strategy to be the No. 1 provider in the local cloud market.
Spark Digital CEO Tim Miles said the company strategy is to better enable customers to succeed in a digital world. “Cloud is an integral part of that. This acquisition builds on the earlier purchases of Revera and Appserv, and with CCL, we are better positioned to assist New Zealand business needs in the areas of platform IT services and cloud computing.”
CCL Chief Executive Andrew Allan said the company will gain the benefits of Spark Digital’s resources to help accelerate growth. “And importantly for our customers, CCL will retain its own unique way of working. Our customers should expect the same total commitment to their future success, with the added power of Spark New Zealand behind us.”
The CCL brand will be retained and the acquired company will continue to run as a standalone business.
The acquisition will take the Spark group’s employee numbers in the South Island to approximately 1200 people.
