Mantel Group acquires CMD Solutions to strengthen cloud offering and enter Sydney market
Announcement posted by Mantel Group 05 Mar 2019
Mantel Group CEO, Con Mouzouris says this is a key acquisition in the company’s aggressive growth strategy which aims to become Australia’s leading technology solutions provider.
“Having CMD Solutions join our team is a key milestone in our strategy and bolsters our capability in cloud technology across Melbourne and Sydney. CMD Solutions share common values and objectives in shaping the future of their business and we can’t wait to work with the team. For Mantel Group, it demonstrates our commitment to service our clients nationally. It’s also an important phase in our young business to solidify our ability to grow fast in different ways”, said Mouzouris.
CMD Solutions was founded by Andre Morgan, Adam Durbin and Fabio Carvana in 2015 and the cloud consultancy has already made significant strides including working with some of Australia’s leading organisations such as NIB, Origin and NAB. CMD was ranked no.3 in the 2018 CRN Fast50 and was the 2018 runner up AWS APN partner of the year.
CMD Solutions’ Managing Director Andre Morgan says joining Mantel Group is an exciting opportunity to grow the business and provide a broader set of offerings to its clients.
“For us, the move is a strategic one, we've always focused on helping our clients to transform and this will help us achieve that at a larger scale across a broader technology set. The move will enable our next phase of growth across regions. It was important for us to find a company that had a similar culture and shared our philosophy around technology, people and customer delivery – Mantel Group is therefore a perfect fit,” Morgan said.
Both companies will work together to grow cloud solutions and services from across Sydney and Melbourne with an immediate focus on growth.
“The teams are excited. We’re looking forward to supporting CMD Solutions’ team growth in Melbourne and Sydney. We will shortly move into a new Sydney office and introduce our other brands (DigIO, Eliiza and Kasna) into Sydney, Brisbane and Canberra.” Mouzouris said.
Mouzouris said Mantel Group will continue to focus on growth and look out for new capabilities to complement existing offerings to market.
The terms of the deal between Mantel Group and CMD Solutions were not disclosed.