With the support of private equity firm EQT, Nexon Asia Pacific acquired Computer Systems Australia (CSA), a ServiceNow partner with deep IT Service Management (ITSM) expertise. JEGI CLARITY advised CSA shareholders on the company’s sale. The financial terms of the transaction were not disclosed.
This is the 418th technology M&A transaction covered by ChannelE2E so far in 2021.
About CSA, Nexon and EQT
CSA has more than 130 employees, focusing on ServiceNow, cloud, digital, network and network security services. Nexon is an MSP and IT consulting company. It now has more than 400 employees and is also expanding its national business in Australia.
In fact, Nexon has been in rapid acquisition mode. MSP acquired GCOMM, Kiandra IT, Remagine Solutions and XCentral in 2020.
Since 2019, private equity firm EQT has been a major shareholder of Nexon. When trading, Nexon’s six professional areas cover secure networks, unified communications, cloud services, managed security, business solutions and digital workspaces, and are combined with Nexon managed IT services.
Nexon, CSA executive opinion
Barry Assaf, CEO of Nexon Asia Pacific
Nexon CEO Barry Assaf (Barry Assaf) commented on the CSA transaction:
“The acquisition of CSA will accelerate our strategic growth goals. We are not only expanding, but also expanding our digital transformation capabilities for existing and new customers. With CSA’s footprint in Sydney, Melbourne, Newcastle and Brisbane, this time The acquisition expanded our scale to more than 400 employees.”
“Through the acquisition of CSA, we have strengthened our proposition for customers across clouds, networks, and networks. We will also be able to leverage CSA’s strong involvement and expertise in digital services to build on their relationship with ServiceNow to create for our customers New digital experience.”
Added CSA CEO Brett Woods:
“We are very happy to join Nexon. It will not only expand the scale, it will also enable our customers to obtain new technologies and services that we did not provide before, and open up more career opportunities for our outstanding staff team.
By working together, we can accelerate technology adoption and innovation for our customers, making them the digital organization of the future,”
Woods is now transferred to Nexon’s Chief Strategy and Transformation Officer.
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