Friday, August 6th, 2010 - Synergy Plus
Search for managed services or hosting acquisition

Following the successful acquisition of mobility specialist AirData in August, listed IT services provider Synergy Plus Limited (ASX: SNR) is searching for a new target in line with its acquisition strategy, today announcing its intention to acquire a managed services or hosting provider to strengthen its existing managed services business and consolidate its cloud offering.

The Company considers that a further transaction, which would be the seventh acquisition for Synergy Plus over the past 24 months, would provide the vital elements required to round out the Company's growth-by-acquisition strategy.

"Our ideal target will be a leader in the mid-market managed services or hosting industry, with a solid footprint and revenues of around $30 million," Synergy's CEO Garry Henley said.

"We welcome discussions and encourage any interested parties to make confidential contact with us," he added.


Contact Profile

Synergy Plus

Synergy Plus Limited is an IT service provider listed on the Australian Securities Exchange (ASX), trading under the ASX code "SNR". It's wholly owned subsidiary, Synergy Plus Operations Pty Ltd is the operating entity which provides managed services and procurement services Australia wide.

Synergy Plus is a national IT Services Integrator and has become the ICT solutions partner of choice for many large companies and organisations throughout Australia.

Synergy Plus's core focus is on providing and delivering essential ICT products, services and business solutions to the corporate, government and education sectors.

The company has specific expertise in mining and resources, education, finance, business, defence, utilities, local, state and federal sectors. Synergy Plus represents many of the global ICT manufacturers such as HP, IBM, Lenovo, Cisco, APC, Hitachi Data Systems, VMware, Symantec and Microsoft.

Synergy Plus has approx 300 IT professionals in 10 locations providing services ranging from desktop break/fix all the way to enterprise data centre management, including mid range systems, virtualisation and unified communications. Synergy Plus continues to grow its managed services and outsourcing business.
Peter Kocovski
P: 03 8698 2204


Synergy Plus, Garry Henley, Synergy, IT Services Integrator



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