- 6 December 2018 11:45
JCurve Solutions expands ERP business operations within Asia through acquisition
JCurve Solutions Limited (ASX: JCS) is pleased today to announce the acquisition of the Spectrum Partner Group (Spectrum), a Singapore NetSuite Solution Provider.
Established in 2013, Spectrum is an Oracle NetSuite Partner with an established customer base and distribution rights to be a solution provider for NetSuite in the territory comprising Singapore, Australia, the United Kingdom, and SE Asia. The company is on track for significant growth during its financial year ending 31 March 2019.
Stephen Canning, CEO of JCurve Solutions explained, “The acquisition of Spectrum furthers JCurve Solutions’ position as NetSuite’s largest solution partner globally by customer count. Diversification through geographical expansion has been a key strategic priority for JCS. The Spectrum acquisition increases our customer count, revenue and profitability, and provides a launch pad for the further expansion of our business operations in the growing Asian market both organically and through future acquisitions.
“JCurve Solutions will be the only Singapore-based NetSuite 5-Star Partner. Coupled with our proven, rapid implementation methodologies which see new clients up and running faster, we are creating a compelling offering within the Asian market”, continued Stephen.
Arthur Fernandez, the founder and a Director of Spectrum, has over 10 years of experience selling, designing and implementing NetSuite solutions. On completion of the acquisition, Mr Fernandez will be appointed as the General Manager of JCS’ growing Asian operations.
Arthur Fernandez explained “I am delighted to be joining the JCurve Solutions team and I am excited to be leading JCS’ expansion into the rapidly growing Asian market. We are confident that with the backing of a trusted, publicly-listed company, we will be able to grow faster whilst providing an exceptional experience to our customers”.
The acquisition is expected to complete on the 13th of December 2018.
About JCurve Solutions:
JCurve Solutions is a trusted Australian technology solutions provider, listed on the ASX (JCS). The team at JCS utilise the power of the cloud to help customers make lasting, substantial improvements to their performance and grow into great businesses.
JCS is the #1 NetSuite 5-Star partner globally with over 600 successful cloud ERP implementations and the exclusive provider of the small business edition of NetSuite, JCurve ERP.
About Spectrum Partner Group:
Spectrum Partner Group is a consulting company focussed on delivering cloud-based solutions including Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), eCommerce, infrastructure, security and virtualisation. Spectrum is headquartered in Singapore with satellite presence in countries within Europe and Asia-Pacific. Spectrum is an Authorised Solutions Partner for Oracle NetSuite in the territories comprising Singapore, Australia, the United Kingdom and SE Asia.