Enee Solutions embarks on a strategic alliance with First Focus
In a notable development, Enee Solutions, a prominent technology provider based in South Australia has successfully concluded the sale of its’ business to First Focus, a distinguished managed service provider in the mid-market segment. This strategic collaboration signifies a substantial advancement for both entities, amalgamating Enee's cutting-edge technology and expertise with First Focus's expansive reach and resources.
Established by Kosta Haltis and Christopher Sale, Enee has earned a reputation as a trusted technology partner for businesses, specialising in optimising operations through tailored applications, software development, IT services, and cloud solutions. Identifying the potential for accelerated growth, Enee enlisted the expertise of Morgan Shaw Advisory (MSA) in 2022 to formulate a strategic plan and business roadmap for expediting their growth. During this process, it became evident that alignment with a larger industry player would deliver the maximum benefit to all stakeholders.
"With MSA’s guidance, we pinpointed First Focus as the ideal strategic acquirer," affirmed Kosta Haltis, Founder and now Head of Software Development at First Focus. "First Focus's commitment to innovation and shared values align perfectly with Enee's future, offering exciting prospects for our team and clients."
First Focus CEO Ross Sardi echoed this sentiment, emphasising the synergy resulting from the acquisition. "Enee's proficiency in software development perfectly complements our service offerings," he stated. "This acquisition enhances our capabilities, broadens our market reach, and enables us to provide even greater value to our clients."
MSA played a pivotal role in guiding Enee through the process, leveraging their experience and market insights to secure a positive outcome for all parties involved. "We extend our congratulations to both Enee and First Focus," commented Graham Morgan, Managing Director at Morgan Shaw Advisory. "This transaction serves as a compelling testament to the ongoing momentum in the market for high-quality technology businesses."
The merged entity now boasts a workforce exceeding 300 employees across five countries, positioning them for sustained growth and innovation within the technology landscape.
About Enee Solutions:
Enee Solutions (https://enee.com.au) is a South Australian technology provider that empowers businesses to unlock their full potential through innovative software development, IT services, and cloud solutions.
About First Focus:
First Focus (www.firstfocus.com.au) is a leading mid-market managed service provider, delivering comprehensive IT solutions to businesses across Australia, New Zealand, The Philippines, Ireland, and South Africa.