ASG Group has acquired Sydney-based managed services outfit, Vindaloo Systems. Financial details were not disclosed but the purchase was a mixture of cash and ASG shares.
CEO, Geoff Lewis, said acquiring Vindaloo was part of ASG's strategy to grow and further cement its position as one of the largest managed services providers in Sydney. Vindaloo will operate under ASG's northern region.
"We've had good organic growth in Sydney to date but admired Vindaloo for a while," he said. "It gives us fully functional outsourcing capability in Oracle solutions as well as all kinds of desktop infrastructure and systems management." Lewis hopes the acquisition will position ASG for bigger outsourcing opportunities.
"We will be able to offer complete Oracle outsourcing services from the infrastructure right through to management," Lewis said.
All 45 Vindaloo staff would be kept on board, he said. Integration was expected to take 6-12 months.