ASG completes acquisition of SMS Management and Technology

Photo: iStockphoto

IT managed services provider ASG Group has completed the acquisition of SMS Management and Technology, creating a combined business of 2000 people and approximately $500 million in annual revenue.

ASG and SMS will integrate into a single operating business over the next three months, and trade under a refreshed ASG brand. The M&T Resources recruitment business, a subsidiary of SMS, will continue to trade under its existing brand.

The combined business will deliver a full range of digital transformation services, from infrastructure and managed services, through to business and IT advice and solutions implementation.

ASG chief executive officer Geoff Lewis said, “The excitement in our company is palpable. We are very ambitious to do great work for clients – new and old – and we think our enhanced capabilities will prove very effective.

“We will assertively pursue opportunities with our valued customers, bring to bear insight and commitment, and display throughout our trademark entrepreneurial flair.

“We believe we can raise the bar for our clients and, indeed, for the industry. It’s going to be quite an adventure. More than anything at ASG, success is personal. It’s in our DNA, always has been and always will.”

ASG’s parent company Nomura Research Institute (NRI) said the acquisition underlines its commitment to the Australian market.

NRI president and chief executive officer Shingo Konomoto said the addition of SMS will allow ASG to tackle the biggest opportunities available in IT services in the Australian market.

“It is a company with a rich history and long track record of successfully servicing major customers, especially in the corporate sector. Combined with the ASG’s strong position in the government sector, SMS gives us a great capacity to deliver the full set of IT services that even the most complex and demanding of customers would require,” said Konomoto. “To this outstanding local capability and customer engagement, NRI adds its financial strength and global reach. We believe it’s a compelling mix.”

Lewis said that it’s very much business as usual for ASG and SMS, with the companies actively pursuing a highly prospective pipeline of contract opportunities.

“Our priority right now is ensuring our esteemed customers get the very best service and quickly see real, tangible benefits from the merger of the two businesses. Initially, the will see ASG and SMS make their core services available to each other’s customers and, very soon, we will unveil to those customers the power and the reach of the new, combined service offering,” said Lewis.

Leave a Reply