IT services company ASG has today announced another SAP-centric acquisition in east coast-based provider Progress Pacific.
(Ace of Spades... image by Stephen Depolo, CC2.0)
ASG's deal with Progress Pacific is valued at $12 million, according to a statement released by ASG.
Progress Pacific comes with 40 employees and a client base that includes Broadcast Australia, ING, Device Technologies, PepsiCo, Kimberley-Clark, Smiths, Dimension Data, Insurance Australia Group and Transfield Services.
The deal closely follows ASG's acquisition of Courtland Business Solutions in April.
ASG's general manager of sales and delivery, Murray Rosa, sees the Progress Pacific purchase, teamed with its integration of Courtland, as a "spring board" into the SAP market around Australia.
"These acquisitions, combined with our core capabilities, enable ASG to reach the market with various SAP offerings, including being one of the first accredited SAP Partners for SAP SaaS," Rosa said.
"We have already witnessed the benefits of working with our other recent SAP acquisition, Courtland, to capture market opportunities and we anticipate the same success with Progress Pacific," he added.
The acquisition lends weight to Rosa's prediction that ASG may double in size over the next two years thanks to its ambitious acquisition plans and organic expansion.