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BusinessWorks purchased by Hal Group

BusinessWorks is an IT services provider focused on the SME segment in a niche geographic market. Based to the east of Melbourne’s CBD, the Business offers a mix of high value-add services, centred around its core managed services offering and also comprising solutions design & deployment as well as on-demand or ad-hoc support, including break/fix services.

Custom Research: +1,400 prospective buyers

Hotlist: 20 direct C-Level calls

Expressions of Interest: +100

The acquirer, Hal Group, is a complete IT services company that offers a wide range of solutions to the SME, corporate and government sectors. Based in NSW, this acquisition presented Hal Group an opportunity to extend its geographic reach to include Victoria as well as to expand its managed services offering.

Lanier acquires Inspire IT

A leading provider of document management solutions with an annual turnover of circa AUD $100M. Lanier is a division of Ricoh Group, with offices in every major capital city and an extensive dealer network across Australia. The business sought diversification into IT Services to establish a National IT Services division to broaden its market offering and meet growing customer demand for IT Services.

Custom Industry Research: 500+ potential targets
Hotlist: 40 direct C-Level calls
Off-Market Opportunities: 30

Inspire IT Pty Ltd, a leading provider of IT Managed Services and IT Infrastructure solutions servicing customers in all major cities across Australia, was acquired and incorporated into Lanier to form the new Lanier IT Services division.