US holding company Evergreen Services Group has acquired managed services provider Lancom Technology.
Established in 1988, Lancom is headquartered in Auckland with locations in Christchurch and Melbourne.
The company is an advanced Amazon Web Services and Microsoft Solutions partner that specialises in software development, cloud services, managed services and business process automation.
“For over three decades Lancom has been cultivating and nurturing our talent and what appealed to us most about this acquisition was Evergreen’s commitment to preserving our team’s expertise rather than replacing it,” Lancom's CEO Waruna Kirimetiyawa said.
“Because of Evergreen’s ability to offer continuity within our organisation, it only took us three weeks to decide that they were the right partner for us.”
With more than 70 acquisitions, Evergreen partners with managed services and software companies to provide operational assistance and capital.
The Lancom acquisition marks Evergreen's first expansion into Australia and New Zealand
“It was apparent from the get-go that this acquisition would act as a catalyst, not just facilitating mutual growth, but also fostering shared values and a forward-thinking approach to innovation," Evergreen's head of M&A Ramsey Sahyoun said.
“Evergreen’s strategic vision aligns seamlessly with Lancom’s existing commitment to technological innovation."