ASG Group, Australia’s genuine alternative to the global digital transformation players, announced today the acquisition of specialist Brisbane-based technology company 1ICT.
The acquisition is in line with ASG’s strategy to grow its Australian business group through a combination of organic expansion and acquisitions.
The Chief Executive Officer of ASG, Dean Langenbach, said 1ICT had a strong and well-deserved reputation for its nimble approach and its entrepreneurial approach, providing customised IT solutions to clients that larger companies were unable or unwilling to provide.
“We believe 1ICT will fit in perfectly with our own entrepreneurial spirit and culture and with our long-standing commitment to putting clients and their needs at the very centre of everything we do,” Mr Langenbach said.
“As a part of the ASG group, we will work together on how we can leverage each other’s clients, capabilities and industry knowledge, while providing ASG with a solid base in Queensland.”
Under the acquisition, 1ICT will retain its brand and will continue to specialise in customised solutions to clients in Australia and India, including organisations in the public sector, publicly listed companies, private enterprises and not for profit organisations.
Founded in 2013, 1ICT has more than 130 employees under the leadership of two of the co-founders, Anthony Gavin and Satish Naidu, who will both be staying with the company.
Mr Gavin and Mr Naidu said: “When we set about building 1ICT, we targeted a section of the market that was then either ignored or misunderstood by the large IT companies, offering customised solutions at affordable rates.
“Our business has now grown significantly, to a point where we understood the only way to continue to grow was to join forces with a company such as ASG, with its international backing and national scope.”
ASG Group has recently won a number of major public and private sector contracts, in areas as diverse as air services, infrastructure, roads and traffic services, and energy, with other major contracts in the pipeline. The Group employs more than 2,000 staff nationally and has offices in eight cities across Australia and Asia.