Sydney, 9 March 2023 โ Somerville, one of the most experienced end-to-end technology service providers in Australia, today announced that it will be acquired by Atturra Limited (Atturra) in a deal expected to close by the end of March 2023.
The acquisition brings together two Australian IT services leaders with a mutual focus on adding value to IT transformation outcomes for customers. Atturra provides a range of enterprise advisory, consulting, IT services and solutions while Somervilleโs services include connectivity, security, cloud, modern workplace, and hardware and software procurement.
From the outset, Somervilleโs business approach has incorporated a company culture determined to satisfy the evolving technology and service needs of its customers. During this time, the company invested millions of dollars into its cloud and network infrastructure to ensure it has the capability to deliver cutting-edge solutions to clients. This infrastructure prioritises security and provides bespoke solutions for Australiaโs mid-market, while also delivering high performance, scalability, resilience, and bullet-proof reliability.
The acquisition will now enable Atturra to deliver the entire technology stack from application to infrastructure further accelerating business growth and supporting the expansion of operations into new technologies and markets.
Somerville will become a wholly owned part of Atturra and will continue to operate as it currently does with the integration following a staged process over several months. All Somerville employees will retain their roles and continue to undertake their current responsibilities.
Craig Somerville, CEO, Somerville, said, โThis acquisition represents an outstanding opportunity for Somervilleโs staff, customers, and partners. Atturra has forged a strong reputation as a well-respected player within the Australian IT services industry, with long-standing client and partner relationships.
โOur strong focus on delivering quality outcomes to our valued customers will be enhanced by the breadth and depth of offerings that Atturra brings. Atturra now opens the door to fantastic career opportunities for our team and the chance to work on a wide range of projects with the larger organisation.โ
At the same time, the acquisition will also allow Somerville to build better relevance for its customers by moving up the application suite and becoming more embedded in their operations. Somervilleโs customer base includes over 500 mid-market organisations across the education, banking and finance, professional services and manufacturing spheres, many of which have relied on the company to operate as their de facto IT department for more than a decade.
Somerville said, โWe envisage there will be strong growth in demand for Somervilleโs managed services and cloud business. Atturra has strong skills and existing business in the Microsoft space and is one of the largest Azure partners in Australia, and this will improve our access to these resources.โ
Stephen Kowal, CEO, Atturra, said, โThe acquisition of Somerville will be significant, as it will not only provide Atturra with a broad-based managed services capability to facilitate large end-to-end projects, but it will also strengthen our position within the Australian education sector.
โWe are excited to have the opportunity to bring Somerville into the Atturra fold, as it is a trusted technology partner with over 40 yearsโ experience offering solutions that will complement the Atturra offerings.โ
The transaction is expected to complete on or around 31 March 2023.
Key Somerville Company Milestones
1985: Somerville Networking Division established
1995: Systems Division established
1997: ISP service (Managed Security Service Provider) launched
2010: Opens Brisbane office
2011: Managed Services Division launched
2013: Private Cloud Services launched
2015: Cybersecurity Division defined
2021: Expanded network into New Zealand
2022: Somerville celebrates 40 years of business operations
2023: Company announces intention to be acquired by Atturra
Ends
About Somerville
As one of the most experienced end-to-end Technology services providers in Australia, Somerville has been delivering 40 years of exceptional service and value to our customers across a wide range of industries including finance, education, legal, insurance, superannuation and automotive. We believe in forging genuine partnerships with our customers, and take the time to understand business needs and internal IT capabilities, to develop innovative solutions to IT challenges that enables change for tomorrow and beyond. Our services include: connectivity, security, cloud, modern workplace, and hardware and software procurement, delivered by our Australian-based team of skilled engineers and all backed by proactive 24x7x365 support, so organisations can rest assured their critical systems are up and running round the clock.
About Atturra
Atturra is an ASX-listed technology business providing a range of enterprise advisory, consulting, IT services and solutions with a focus on local government, utilities, education, defence, federal government, financial services, and manufacturing industries. Atturra has partnerships with leading global providers including Microsoft, Boomi, Software AG, OpenText, Smartsheet, QAD, Infor and Solace and its clients are some of the largest public and private-sector organisations in Australia. For more information visit: www.atturra.com.
