In a strategic move to enhance its software development services, First Focus, an Australian mid-market managed service provider, has acquired Adelaide-based technology company Enee. Financial information regarding the deal was not disclosed.
This is technology M&A deal number 32 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
First Focus, founded in 2003, is based in Botany, New South Wales, Australia. The company has 226 employees listed on LinkedIn. First Focus’s areas of expertise include Information Technology Solutions, Managed Service Provider, IT Outsourcing, IT Support, Cloud Services, IT Consulting, Private Cloud, and IT Strategy.
Enee, established in 2009, is based in Adelaide, South Australia. The company has 30 employees listed on LinkedIn. Enee’s areas of expertise include Software Development, Web Design, Web Development, IT Services, Cloud Services, Managed IT services, Internet and Networks, Web Support, Web Application, IT Security, Backups, Web Hosting, Mobile App Development, Web App Development, and Custom Software.
First Focus’ M&A History
The acquisition is aimed at broadening First Focus's capabilities and addressing the growing demand for integrated IT solutions, according to the company.
The acquisition brings together over 300 team members from both companies across Australia, New Zealand, and The Philippines. It is the third acquisition for First Focus in the current financial year and the 7th overall. The company previously acquired Melbourne-based IT provider Rock IT in December 2023.
First Focus Acquires Enee: Additional Insight
Ross Sardi, CEO, First Focus, commented:
"MSPs have traditionally stayed away from software development, however, the lines between traditional IT, app integration, and app development are now increasingly blurred. Businesses need to leverage off-the-shelf and custom software to their fullest extent to be competitive, and we want to be at the forefront of delivering these services to small and midsize businesses." Sardi also highlighted the importance of the South Australian market to First Focus's growth strategy and expressed enthusiasm about establishing a presence in every major Australian center with the addition of an Adelaide office.
Kosta Haltis, founder, Enee, said:
“I’m really excited, and I’m excited for my team, to join First Focus. It represents a significant opportunity for us to scale our services and reach, to do what we have always done well, but to now do it at scale.”
