EQT-backed Nexon Asia Pacific acquires three technology companies

Photo: Nexon website

Australia-based cloud and managed services provider Nexon Asia Pacific has acquired three technology companies to bolster its offerings and grow its clientele, according to a press statement.

Nexon has acquired Kiandra IT’s technology services and security solution division, Remagine Solutions and XCentral for an undisclosed price.

The managed services provider is backed by Swedish mid-market private equity firm EQT Partners, which last year acquired a majority stake in the firm through its $800 million EQT Mid-Market Asia fund.

“We are continuously looking at ways to geographically expand our managed services footprint in Australia and enhance customer experiences,” said Nexon Asia Pacific CEO Barry Assaf.

Nexon said it will continue to invest in its cloud and cyber-security strategies and managed IT and industry solutions that support the Microsoft ecosystem.

“These services will add value to Nexon’s already comprehensive security portfolio including perimeter, email, endpoint and cloud security services,” Assaf added.

Nexon will be able to strengthen its offerings in the fields of security, cloud services and managed IT through its acquisition of the technology services division of Kiandra IT. Meanwhile, the acquisition of Remagine Solutions will add to Nexon’s existing Business Solutions practice with Dynamics 365 point solutions across multiple industries.

XCentral’s collaborative approach, combined with its expertise and knowledge, could support Nexon’s offering evolution, the latter said.

Founded in 2000, Nexon provides IT solutions to clients across commercial, public and not-for-profit sectors. The company’s solutions include secure networks, unified communications, cloud services, managed security, business solutions and digital workspace.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.