SecurityBrief New Zealand - Technology news for CISOs & cybersecurity decision-makers
Story image

Evergreen Services Group acquires Lancom in noteworthy expansion

Wed, 17th Jan 2024

Evergreen Services Group, a prominent grouping of managed IT services and software firms, has announced its acquisition of Lancom Technology. Lancom Technology, boasting of a substantial presence in Australia and a sterling reputation in the managed services provider (MSP) industry in Auckland, New Zealand, now finds itself central to Evergreen's maiden expansion into Australia and New Zealand's MSP technology space. This development is equally poised to facilitate further growth for Lancom Technology and the services it provides to its customers.

Lancom Technology, founded in 1988 and primarily operating out of Auckland, New Zealand, has a rich pedigree in software development, cloud services, managed services, and business process automation. The firm's workforce, partnering with some of the largest and most innovative companies across a range of industries on local, national, and international levels, leverages cutting-edge technologies to meet the varying needs of its diverse client base. With its status as an advanced Amazon Web Services (AWS) and Microsoft Solutions partner, Lancom Technology is suitably positioned to provide comprehensive solutions to its clients.

Evergreen's acquisition of Lancom Technology carries an array of benefits for both organisations. Evergreen capitalises on its first foray into the Australian and New Zealand markets while offering Lancom a perpetual base to stimulate growth. Subsequently, Lancom is advantaged by its access to Evergreen's global network and resources, contributing additional depth to its burgeoning cloud and software solutions. It marks an opportunity for Lancom to infiltrate diverse new markets, enhancing its competitive supremacy and fostering conditions conducive to cooperation, innovation, and sustained development.

"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," remarked Ramsey Sahyoun, Head of M&A at Evergreen. He stressed that Evergreen's strategic vision aligns seamlessly with Lancom's existing commitment to technological innovation.

Evergreen has an established record of augmenting businesses in the MSP sector with more than 70 successful acquisitions under their belt while preserving the legacy and continued success of these organisations.

"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," said Waruna Kirimetiyawa, CEO at Lancom Technology. Due to Evergreen's ability to ensure continuity within our organisation, it took us just three weeks to decide they were the right partner for us."

As a result of this mutual support and collaboration, the partnership is set to thrust Lancom Technology into its next phase of growth, further cementing its position as an industry leader within New Zealand's growing MSP and IT solutions community.

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X