Sourcing Monthly August 2021 – September 2021
This month, discussions regarding mergers and acquisitions have been prominent, in particular the high level of activity in ICT services companies. A number of companies have attributed growth to past acquisitions, announced intentions to acquire particular firms or flagged acquisition activity as a strategic priority. Associated actions, such as rebranding, restructuring, and capital raising efforts have also been discussed. The need to remain competitive in current environments, utilising mergers and acquisitions to help evolve businesses has become clear. These transactions can be highly beneficial when expansion plans include re-engineering core business lines, or developing new and targeted specialisations. However, when looking into acquisitions, it is important to plan carefully, intertwine activities with current company strategies and ensure a balance between a company’s existing strengths and stretching newly acquired specialities.
About The Advisor
Irene Pimentel is an IBRS analyst who focuses on news and information on the global IT Outsourcing market. Irene provides IBRS clients with up to date information on all outsourcing deals that are taking place helping our clients understand who is winning business in what markets. With over 10 years experience as a management consultant, Irene has worked with some of Australia's largest blue chip companies and public sector organisations. Irene has also worked as a research manager for an IT sourcing consultancy, providing clients with targeted intelligence and advice for their specific IT sourcing transactions.