EY Australia and EY New Zealand have strengthened their innovation and technology capabilities with the acquisition of technology services business Red Moki and its 74 employees.
The companies said the purchase will allow them to leverage its partnership with ServiceNow, a cloud-based company that provides SaaS for technical support, and help transform businesses.
“We are experiencing unprecedented growth in ServiceNow demands from our clients,” said EY New Zealand technology consulting partner Rich Macfarlane.
“The team from Red Moki has delivered major business transformations enabled by ServiceNow across government, financial services, telecommunications, consumer and many other industries in the region.”
“Their expertise complements the breadth and depth of EY Oceania’s technology consulting and innovation experience in leading organizations.”
Mr Macfarlane also said the acquisition would see both EY Australia and New Zealand meet growing demand for its technology services.
“The Red Moki team will expand our footprint and expertise in the region and deliver valuable client results,” he said.
“We have known the Red Moki team for many years and have been very impressed with their work, so the decision to ask them to join EY was an obvious one. Their vision and growth plans are perfectly aligned to us and they will play an important role as we grow this business together.”
“The Red Moki team brings exceptional talent and truly innovative technology solutions to a highly competitive market.”
Red Moki CEO Greg Woolley said he looks forward to the greater depth of work possible with EY’s additional resources.
“I am excited about the opportunities that joining EY will create for the Red Moki team and our clients,” he said.
“By joining forces with EY and accessing their global resources and skills, we will be able to take the service we provide to our clients to the next level and deliver true digital transformation across both business domains and technology.”
“Our team is excited about the scale and range of opportunities they will have access to by being part of EY, not to mention the variety of career and development options that come with being a leading global organization .”
Managing partner for EY New Zealand Simon O’Connor said he was delighted the firm had acquired the technology business.
“I am very pleased to welcome Greg and the Red Moki team,” said Mr O’Connor.
“EY aims to be the leading transformation partner for clients in New Zealand and overseas, and the additional capabilities the Red Moki team brings will help us deliver technology-enabled transformations across our client.”
Red Moki was founded in New Zealand and has offices in Australia and India and has grown to have over 70 employees. The firm strives to partner with clients and help them use technology to best develop and grow their businesses.
