Deloitte spending spree continues with Melbourne-based systems integrator acquisition
- 19 July, 2016 05:00
Deloitte has bolstered its Cloud capabilities across Australia and New Zealand, acquiring Melbourne-based systems integrator, Sixtree, for an undisclosed fee.
Led by co-founders Ben Wylie, Yamen Sader and Brett Wilson, Sixtree - which has offices in Melbourne, Sydney and Auckland - specialises in the implementation of MuleSoft, Red Hat and AWS technologies, working closely with key customers such as Genesis Energy, Telstra, Toyota and Qantas.
Terms of the deal will see Wylie and Sadar become Deloitte Consulting partners on August 1, while Wilson and CTO Saul Caganoff will become principals.
In addition, Sixtree’s 45 employees on both sides of the Tasman will combine to form a new platform engineering unit within Deloitte Consulting, the company’s technology advisory arm of the business.
"Even a company that's elected to keep everything on premise will these days have to collaborate with partners that are in the cloud, or through M&A they'll end up with a portfolio that is increasingly cloud based," Deloitte Consulting managing partner, Robert Hillard, told the Australian Financial Review.
Sixtree was founded in Australia in 2010 and established an arm in Auckland, with the New Zealand business’ principal consultant Damian Harvey set to become a Deloitte consulting partner, with the Kiwi team set to join Deloitte in Auckland.
Deloitte New Zealand CEO Thomas Pippos said the move is another strategic investment for the firm’s Cloud and digital end-to-end solution offerings.
"By essentially re-engineering and integrating an organisation’s systems, the deep expertise offered by the Sixtree team will help increase business agility by bringing legacy and new technologies together quickly, seamlessly and effectively," he said.
"The capabilities of Sixtree team are relevant for organisations of every size, and across all sectors, and are increasingly required as part of large-scale transformation projects.
"Sixtree provides another option for businesses that have become rigid and potentially trapped by outdated, unintegrated technology systems, to become ‘younger’ and more agile by wrapping digital applications and new technologies into an adaptable platform."
Sixtree’s Damian Harvey said the cultural fit between the two organisations in New Zealand, and Australia, played an "important factor" in the company's decision to merge with Deloitte.
"Our client-centric business values match well with Deloittes’, along with our commitment to innovation and change," he said.
"They get what we do and the value we can deliver, and there are clear synergies, complementary skills and capabilities in terms of what we are doing and where we want to go."
In providing specialist integration services to medium and large enterprises across the region, Sixtree represents Deloitte’s fifth acquisition or alliance deal with of a technology-focused start-up within the past 18 months.
In December 2014, Deloitte Australia and local social analytics technology company DIGIVIZER signed an exclusive alliance agreement to create new strategic business consulting and technology services, before the professional services giant acquired Australian Oracle integrators, Dataweave, in June 2015.
At the start of October 2015, Deloitte announced that the founders and staff of Oracle identity specialist, Qubit Consulting, joined the company’s Cyber Risk Services, creating Australia’s largest provider of identity management services.
Less than a month later, as reported by ARN, the tech firm then joined forces with the team at Cloud Solutions Group (CSG), a specialist systems integrator and cloud consulting firm.
“This move is another differentiator for our firm in terms of the technology advisory services we offer our clients,” Deloitte CEO, Cindy Hook, added.
“Similar to our platform-led Deloitte Private Connect offering for SME, the expertise of the Sixtree team helps overcome underlying concerns about technology so organisations can do what they do best with the confidence that the systems supporting their operations are working as one.”