Canon Australia has acquired The New Zealand Post Group’s managed services and business process outsourcing company, Converga, for an undisclosed sum.
Converga specialises in business process outsourcing with a focus on digital document solutions, offering Canon the ability to drive further growth by delivering value-based solutions to the market.
According to the company, the acquisition is designed to strengthen Canon’s end-to-end managed services and business process outsourcing capability.
Terms of the deal will see Converga remain a stand-alone business, with the same management team and structure.
In addition, the business will retain its independence and management autonomy, while benefitting from Canon’s investment, brand, leadership and product suite.
“At Canon, our vision is to be recognised for our customer-focused solutions and market leading technology and services,” says Yusuke Mizoguchi, Managing Director, Canon Oceania.
“Converga is a fantastic company that we intend to invest in, and grow, long into the future.
“The acquisition of Converga, enables us to expand our capability in managed service and business process outsourcing, strengthening our offering to customers.”
Converga has over 1,300 staff based in offices and technology centres throughout Australia, New Zealand, United States and the Philippines in more than 120 customer locations.
“For Converga’s staff, customers and suppliers, it will be business as usual,” says Brian Roche, CEO, New Zealand Post. “We anticipate a smooth transition of ownership to Canon.”
Converga was selected as best fit in helping Canon to achieve its growth strategy, combined with a strong culture and brand alignment.
“We’re excited to be joining the Canon family,” adds Paul Bellette, Chief Executive Officer, Converga.
“This is the right direction for our business and customers as we continue towards our goal of being a partner of choice.
“At Converga, we’re driven to innovate with the best people, processes and technology to deliver solutions to our customers - this move will ensure those needs for customers continue to be met.”
The acquisition of Converga is Canon’s fourth in four years having previously acquired Harbour IT, Sun Studios and Océ Australia.