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Sydney, Australia, May 10, 2022 -- Atturra Limited (ASX: ATA) announced that its subsidiary, Anatas Pty Ltd has exchanged a Share Purchase Agreement (SPA) to acquire Hayes Information Systems and Communications Pty Ltd.
The acquisition of Hayes will have minimal impact on the Atturra FY22 results. Perth-based Hayes is an OpenText partner providing Information Management consultancy, digital transformation services, and ECM application support services. Hayes also provides technical and functional support services, 24×7.
CEO of Atturra, Stephen Kowal, said: "This is an exciting acquisition for Atturra that positions us strongly in ECM, an important and growing segment of the IT services market. The synergies between our service offerings and the cultural alignment of both companies are very strong.
Hayes’ core offerings and its industry solutions strengthen Atturra’s solution portfolio, and we see significant upside in the potential for introducing Hayes’ capabilities to our existing client base. This is another great step in Atturra’s strategy of picking technology and focusing on being a market leader.
We welcome Duncan Hayes, Amanda Cox and the wider Hayes team to Atturra and look forward to working closely with them to integrate the Hayes business into Atturra."
CEO of Hayes, Duncan Hayes, said: "This is an exciting move for Hayes, our team, our valued and supportive clients, and our partners. In considering this transaction it became clear to us that Atturra shares our culture and values and is respected widely for its authenticity, service excellence and customer focus. We very much look forward to working as part of the enlarged Atturra team to deliver value and benefits to our customers and take pride in contributing to the growing capability of Atturra."
Regional Vice President ANZ of OpenText, Mike Saxton, added: "Atturra and Hayes coming together is superb news not just for OpenText but also for the market. The consolidation of two strong service players with such specialised yet complementary offerings means their clients can now derive more value from their engagement, and the OpenText story and its value goes out to more organisations.
With this acquisition, OpenText customers can now access end-to-end enterprise data and integration solutions from an Australian technology services powerhouse."
The transaction is expected to complete on or around 1 June 2022 subject to the satisfaction of the conditions precedent in the SPA, including obtaining change-of-control consents required under Hayes’ material contracts.
Posted by Veronica Silva Cusi, news correspondent
Source: https://newsnreleases.com
Published: Wednesday, May 11, 2022
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