PK Business Advantage (PKBA), the new IT and communications company set up by industry veteran Peter Kazacos, has acquired technology services company Invizage Pty Ltd from Sensis, creating Australia's largest IT solutions provider for small-to-medium sized enterprises.
The acquisition is another major milestone for PKBA, which was officially launched in July with ambitions to provide the best IT solutions to regional Australia and small medium business.
The purchase of Invizage will give PKBA a full national network and is the company's fourth acquisition in six months.
PKBA has already acquired regional-based IT companies in South Australia, North Queensland and Tasmania, forming a national team of 80 employees.
The company's managing director, Peter Kazacos, said the acquisition of Invizage will grow PKBA's business to more than 6000 customers and 150 staff.
"Since the public launch of PKBA last month we have received an overwhelmingly positive response from new and existing customers who understand our philosophy and see the great benefit of working with us to achieve the best from their IT services," he said.
"PKBA is now one of the fastest growing IT services companies in Australia and we will continue that growth through new partnerships and more acquisitions.''
Kazacos said PKBA now ranks in the top 20 Australian owned IT services operations in the country.
With national reach, he said the company has additional offices in Perth, Melbourne, Brisbane, Adelaide and Sydney.
"This will complement our established operations in Townsville, Hobart, Launceston, Burnie, as well as Adelaide and Sydney," Kazacos said.
Invizage was established in Melbourne in 1995 and is a managed services provider boasting established relationships with Microsoft, HP, IBM and Symantec.
Sensis Interactive general manager, Chris Smith, said the sale of Invizage to PKBA ensured the business would continue to play a key role in the IT-services market for small business.
"For Sensis, the sale of Invizage is a result of our focus to aggressively grow and manage our core advertising and local search business," he said.
Since its formation, PKBA has acquired CWS in Queensland, Comstra in Tasmania and Pecol in South Australia.
PKBA has already secured a number of state government and regional IT contracts, aided by supply agreements with companies such as Cisco, IBM and Microsoft.