British software developer Endava has acquired its second Australian company in the form of Newcastle-based consultancy Mudbath Australia.
Founded in 2014, Mudbath specialises in strategy, design and engineering services for customers in retail, mining, health, insurance, banking and travel.
The company has employees in Newcastle, Sydney and Melbourne providing IT services and consulting.
Josh Doolan, founder and CEO of Mudbath, said the company had explored a partnership with Endava before an acquisition option became more apparent.
“As we explored partnering with Endava, it became increasingly evident that our compatibility in terms of culture, capabilities and strategy made this merger highly beneficial for both parties,” Doolan said.
“Endava’s wealth of experience, expertise and steadfast commitment to being a technology partner present a significant opportunity for our region and we are thrilled to be joining the Endava family. We hope this merger will enhance the scope and scale of services we can deliver to our clients.”
The acquisition of Mudbath follows Endava’s entry into the Australia market in 2021 and its acquisition of Melbourne-based consultancy Lexicon in 2022.
Endava claimed it sees Australia as a growing and attractive market with “strong demand for high-quality technology product creation”.
“Mudbath brings a new and exciting client base, a very talented team and strengthens our leadership bandwidth in Australia,” said John Cotterell, Endava’s CEO. “Together, we see exciting potential to do more for existing and new clients, whilst creating attractive opportunities for our people.”