Commander snaps up communications integrator

ASX-listed integrator continues acquisitions spree with Nexon purchase

Commander will continue looking for acquisitions as it works towards developing a full suite of data and communications products and services, according to managing director, Adrian Coote.

The comments come after it finalised the purchase of NSW-based data and voice integrator, Nexon.

According to documents filed with the ASX, the consideration includes the issue of 3.8 million in convertible notes valued at $7.6 million. The deal was made last month.

Coote said Nexon met all of its acquisition requirements and would expand Commander's customer reach and skill set.

"We are constantly looking to acquire companies that fit our framework," he said. "Nexon has a good management team and customer base, it's synergistic with what we do and offers us a way to distribute all of our underlying services. It's a perfect match with our requirements."

Coote said Nexon's complementary skills included expertise in call centre management. Its vendors include Alcatel, Cisco, Microsoft and IBM, while customers range from tyre manufacturer, Goodyear, to CRM provider, ICT Group.

"Nexon is a niche company that has done a lot of integration work in a market segment below our corporate and enterprise focus," Coote said. "This is an opportunity for it to deploy our architecture for its customers."

Nexon will continue to operate as an independent subsidiary under its existing managing director, Charles Assaf. Its 60 staff across Sydney, Bathurst, Brisbane and Melbourne will be retained and all offices are expected to remain open.

It has also been on the acquisitions path of late, picking up the PABX and cabling division of ATD Technologies in April. Financial terms were not disclosed.

Assaf said being acquired by Commander would allow Nexon to leverage the ASX-listed integrator's financial strength to support its expansion strategy.

"We've been growing very quickly over the past five years. This acquisition will underpin our growth in terms of resources and financial backing," he said. "We'll also get access to vendors that Commander, as a bigger company, has stronger relationships with. This should give us competitive advantage we can pass on to customers."

Assaf said Nexon's customer sweet spot was organisations with 50-250 users.

Join the newsletter!

Error: Please check your email address.

More about Alcatel-LucentCiscoIBM AustraliaICT AustraliaMicrosoft

Show Comments