Sydney-based managed service provider, Correct Solutions, has merged with IT provider Analitix in a move to expand its customer base.
The merger, effective on 1 October 2016, has enabled Correct Solutions to expand its team by bringing on three of the five existing Analitix employees and expand its client base by 120 companies.
Established in 2001, Analitix has provided IT solutions to a variety of business clients in the Sydney area including internet, network, back-up and hosted PBX.
“We are excited to be joining forces with the team at Correct Solutions who already have a well-established customer base and internal expertise,” said Analitix Managing Director, James Lobbes. "We look forward to working closely together”.
Analitix has been folded into Correct Solutions with the combined entity continuing to operate under the Correct Solutions name and brand.
The merger does not bring any new vendor partnerships or products to the company but expands the Correct Solutions’ existing capabilities and adds account management resources.
Correct Solutions Managing Director, Ryan Spillane, told ARN the two organisations were introduced as they were both members of the Fujitsu partner program.
“James and the team at Analitix were stuck doing too much of the day to day and were unable to spend as much time with clients as they wanted,” he said.
“By joining a bigger team that had both structure and resources he can get back to what he is passionate about, customers.
“Merging with Analitix allows us to integrate the expertise and insight of their team into the experience of our team.
"The more expertise and resources we have to offer clients, the better. This merger is a true marker of our commitment to continually increasing the value we have to offer a variety of business-owners.”
“We have some good strong growth targets over the next five years, and if we can do some strategic mergers and acquisitions along the way, that just helps things along,” he told ARN.
Spillane added that the company has multiple strategies to achieve its growth targets and was looking at a number of options moving forward, including further mergers and acquisitions.
“It is always a numbers game when you are looking to grow," he said. "I think that now, you need to do it in a number of different ways."