Exclusive Group has announced the acquisition of Singapore HQ’d cybersecurity and infrastructure VAD, Transition Systems. The acquisition, the largest in its history, adds a further 18 offices in eight countries including: India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam.
With offices already in Australia and New Zealand, the move significantly expands the Group’s presence and penetration in the APAC region, and – with 50% of Transition Systems’ portfolio matching that of Exclusive Networks – the deal mirrors the profile of previous acquisitions where the benefits of scale and reach were immediately and positively realised.
The acquisition of Transition Systems brings the total size of the Exclusive Group to over 1,200 employees and 1bn€ annual revenues; 25% of which will now come from the APAC operations.
Olivier Breittmayer, CEO of Exclusive Group said: “Asia is crucial for the expansion of our global strategy and this acquisition gives us a great platform to grow throughout the region in the coming years. Transition Systems is a large, influential regional player with similar business DNA to our own, as well as having important vendors, technologies and a very strong value-adding culture in common. We have every confidence in the existing management of the business to continue applying its successful formula under its new Exclusive Networks brand in tune with our global VAST strategy.”
“This marks a significant opportunity for our partners, customers and people as we become part of the global Exclusive family and continue the journey we started back in 1999,” said Jonathan Juay, Group Managing Director of Transition Systems. “With the resources and support of the Exclusive Group we can remain committed to our value-adding principles, innovate new solutions and services tailored to local market needs, and invest for greater expansion in the future. We are already looking at starting BigTec, Exclusive’s hyperconvergence business unit, into several countries here, and exploring synergies with strategic Exclusive vendors and global SIs.”
Breittmayer added, “This acquisition adds significant capabilities to our overall proposition. Now our partners around the world have greater in-country presence to support global projects across Asia, while conversely our Asian reseller partners have the full spectrum of Exclusive Group services to support their deals into more than 100 countries worldwide.”
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