Tuesday, 02 March 2021 10:23

ARQ Group acquires tech consultancy Diaxion

By

Digital and data services company ARQ Group, has acquired technology consultancy Diaxion in a move it says bolsters its advisory, government digital strategy and transformation capabilities.

According to ARQ Group the strategic acquisition will make the company the only Australian full-service tech, data and digital consultancy.

ARQ Group CEO Tristan Sternson said the company continued to grow rapidly over 2020, with Diaxion identified as the ideal company to fuel the continued expansion, with the business adding more than 150 new employees over the course of last year, despite the pandemic, and saw revenue growth of 25%.

“Diaxion’s market leading advisory and digital transformation expertise complements ARQ Group’s specialist capabilities in data analytics, artificial intelligence, and process automation,” said Sternson.

“Following extensive due diligence and developing a deep understanding and appreciation of Diaxion’s business and leadership, we knew they were a perfect fit that complemented the industry-leading offer we’re building for our clients.

"ARQ Group can now offer its customers in-house advisory capabilities and bolster our professional services by leveraging Diaxion’s team of industry leading experts.

“As an Australian owned and operated business, we are now able to deliver better, more targeted results for our clients. This gives us an edge when competing against big multinationals who are only concerned about contract size and how much of it they can capture.

“After successfully winning numerous government tenders and projects with a range of federal agencies, we were keen to strengthen ARQ Group’s footprint into Canberra. Diaxion’s extensive experience working with federal departments, along with our existing Canberra offices, will provide ARQ Group with the opportunity to offer a wider suite of services to public sector agencies.

“Importantly, there will be no redundancies from the acquisition and we’re excited to welcome the entire Diaxion team into the growing ARQ Group family,” Sternson concluded.

Simon Pither, Partner of Quadrant Private Equity and Chairman of ARQ Group, said that 2020 was an incredible year of growth, despite the impacts of COVID-19.

“When we first invested in ARQ Group last year, we did so because we saw the huge digital transformation tasks ahead for many Australian companies and Governments and knew ARQ Group was ideally positioned to help bridge that technical chasm. Due to COVID-19 that digital transformation has moved faster than we initially anticipated, but I’m proud of how the ARQ Group team has responded and continued delivering incredible results for its customers.

“The combination of ARQ Group and Diaxion creates Australia’s only home-grown full-service digital, data, cloud, and tech advisory company,” Pither said.

Diaxion Founder Tony Wilkinson will head Advisory at ARQ Group and says it's an alliance of “two great Australian technology leaders”.

“We are pleased to unite with ARQ Group who have been pushing the envelope of innovation with some of Australia's biggest brands for the past 25 years. By joining forces, we can scale up our offering and continue to be industry trailblazers, showing the world that Australian-owned and operated businesses can deliver even better results than large multinational technology consultancies.

“I’m incredibly proud of what Diaxion has achieved over the last 20 years, and this acquisition is the natural next step for the business to offer our clients a full service of advisory to implementation all under one roof.

“I speak for all of my colleagues when I say we’re genuinely excited about the new opportunities available within the expanded ARQ Group, and look forward to 2021 being our biggest ever,” Wilkinson said.

Read 1577 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

GET READY FOR XCONF AUSTRALIA 2022

Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.


Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event

GET YOUR TICKET!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Staff Writers

Our Staff Writers and Guest Writers contribute content to iTWire each day and they are available asset to the team. If you want to be a staff writer please contact us.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments