Lifecycle and IT service management solution vendor, Landesk Software, has been taken over by US-based private equity firm, Thoma Bravo. The company’s country manager, Alan Abraham, claimed the move would help Australian partners thanks to increased investment.
According to a statement, the acquisition is set to be completed by the end of September.
Current Landesk vice-president and general manger, Steve Daly, will be appointed as its CEO.
The company was formerly a subsidiary of IT giant, Emerson. It claimed to have around 750 employees around the world.
“It’s business as usual,” Abraham said. “We’ve got a very stable senior executive team that will remain in place.
“The Asia-Pacific market is a key growth area for Landesk on a worldwide basis so we’re steadily growing our engineering, sales and service infrastructure.”
Rather than see it as a potential negative, Abraham claimed the move would pump funds and resources into the company’s Australian operations with more staff available to channel players.
“The increased investment means increasing growth,” he said. “We’re looking at growth opportunities in sales and engineering, it will result in more training and enablement programs and things like that.
“I want to be clear that we’re totally focussed on the channel and anything that makes them successful makes us successful.”