Capgemini said, with more than 1000 professionals in Australia and New Zealand, this acquisition would strengthen Capgemini’s capabilities in cloud and data across the region. Capgemini’s leadership position in the Australia market would be supported by this acquisition, its 4th in the country in 18 months.
Capgemini say with locations across Australia and New Zealand, and a forecast annual turnover as of June 30, 2021 of between 186 and 188 million Australian dollars, Empired provides end-to-end capabilities in cloud and data to enable the digital transformation of key industries across Australia and offers a complementary geographic footprint to Capgemini. Furthermore, Empired, known in New Zealand through its brand Intergen, would mark a step change for Capgemini in New Zealand, where it generates about a third of its business.
Capgemini says, Empired is enabling organisations to transform and achieve more thanks to the depth and breadth of its capabilities across the entire Microsoft platform. Highly complementary to Capgemini’s global partnership with Microsoft, Empired would bring to Capgemini the largest accredited Microsoft Dynamics team in Australia and New Zealand.
The acquisition of Empired would strengthen Capgemini’s client portfolio across key industries, notably in Mining, Utilities and Government. For Empired, Capgemini’s positive momentum in Asia-Pacific, breadth of service offerings and global scale would help its clients’ growing needs, as well as expand career opportunities for its team members.
Capgemini Australia and New Zealand managing director Kaylene O’Brien (pictured) said, “The acquisition of Empired is further evidence of Capgemini’s confidence in the local market and ambition to be a leader in digital, data and cloud in Australia and in New Zealand. Empired has a strong partnership with Microsoft and together we will provide our clients with leading edge cloud expertise and services.
“Following the successful acquisition of RXP Services and Acclimation, Capgemini is stepping up to a new scale in Australia and New Zealand as part of our growth ambition. Empired’s purpose to create the best possible future highlights a natural culture match, as we work together to build an inclusive and sustainable future.”
Empired’s managing director Russell Baskerville said, “Over the past 15 years Empired has been on a journey to build the most respected digital services company across Australia and New Zealand. Our strategy has delivered material growth in shareholder value and we are confident that being part of Capgemini will help to accelerate our combined market position in the coming years.
“If implemented, the Scheme will provide outstanding career opportunities for our people and have a positive impact for existing and prospective clients by providing them with access to the significant resources, service capabilities and international experience of Capgemini.”
Capgemini said it has been accelerating the digital transformation of its clients across industries locally, offering capabilities in strategy and transformation, application and technology, and operations and engineering. Earlier this year, Capgemini announced the acquisition of digital services consultancy provider RXP Services and SAP consulting and digital solution provider Acclimation.
The total proposed consideration for the acquisition of 100% of the share capital of Empired (on a fully dilutive basis) would amount to A$233M. The implementation of the Scheme remains subject to certain conditions including Empired shareholders’ approval, court approval, granting of a New Zealand Overseas Investment Act direction order and other customary conditions for a transaction of this nature. Capgemini’s acquisition of Empired is expected to close in mid-November of 2021.