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Australasian business solutions company, Fusion5, this week continue their strategic growth trajectory, announcing their merger with Australian technology business Myriad IT.
Myriad IT is a highly successful company with 55 staff across Melbourne, Sydney, Brisbane and Adelaide. They implement and support a wide range of solutions and services across ERP and CRM applications, IT infrastructure and managed services. Myriad IT has stayed at the forefront of technical innovation with their market leading solutions for public cloud and enterprise mobility, all supported by strong partnerships with Oracle and Microsoft.
Fusion5’s Chief Executive, Rebecca Tohill, says it is a great match for both companies, their staff and customers. “With Myriad IT’s 18 year track record of success in markets similar to ours, we see great benefit in bringing our Australian businesses together. Myriad IT’s skills complement and extend ours, while we offer new solution sets, customers, and partners to theirs.”
Tohill sees momentum building from the outset, with their respective JD Edwards and CRM teams already discussing customer requirements and market opportunities. “Together, Fusion5 and Myriad IT make the most diverse, capable and talented Oracle JD Edwards team in Australia and New Zealand,” says Tohill. “A significant number of customers rely heavily on JD Edwards to run their businesses, and our goal is to be their partner of choice. Myriad IT’s in-depth IT skills readily transfer to our other customers across IT service management, CRM, infrastructure, app development, human resources and payroll.”
Heath Ragg, Myriad IT’s Managing Director, echoes Rebecca’s sentiments. “It made sense to combine Fusion5 and Myriad IT to create a powerhouse of business technology skills, offerings and partner relationships. With greater scale, we will be able to commit even more resources and staff to R&D and custom development which are our strengths. This merger will provide great opportunities for our staff and ensure we can continue to provide our customers the best the market can offer.”
The merger with Myriad IT is Fusion5’s first major move for 2017, and follows several other strategic acquisitions. In early 2016 they acquired and integrated a major Microsoft Dynamics CRM and SharePoint practice, firmly positioning the company among the leading Dynamics CRM partners in New Zealand. BPR Solutions, one of the first NetSuite Certified Solution Partners in Australasia, was also brought into the business last year.
Myriad IT’s four shareholders and 55 staff are joining forces with Fusion5’s own. Both companies have successful Microsoft Dynamics CRM practices, so Fusion5’s already award-winning team will be boosted by a further 17 Myriad IT consultants.
The launch date for the expanded version of Fusion5 Australia is April 3rd 2017. The merger pushes Fusion5’s portfolio out to over 750 customers and close to 350 staff across nine offices.
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