Exclusive Group acquires Transition Systems Asia
VAD extends footprint beyond the Middle East into APAC
Exclusive Group, a value-added services and technologies (VAST) company, has announced the acquisition of Singapore HQ'd cybersecurity and infrastructure VAD, Transition Systems.
The acquisition adds a further 18 offices in eight countries including India, Indonesia, Malaysia, Philippines, Thailand and Vietnam.
In addition, the move significantly expands the group's presence and penetration in the APAC.
The merger with Transition Systems brings the total workforce of the Exclusive Group to over 1,200 employees and €1bn annual revenues, with 25% of that coming from the APAC operations.
Olivier Breittmayer, CEO of Exclusive Group said: "Asia is crucial for the expansion of our global strategy and this acquisition gives us a great platform to grow throughout the region in the coming years. Transition Systems is a large, influential regional player with similar business DNA to our own, as well as having important vendors, technologies and a very strong value-adding culture in common. We have every confidence in the existing management of the business to continue applying its successful formula under its new Exclusive Networks brand in tune with our global VAST strategy."
"This marks a significant opportunity for our partners, customers and people as we become part of the global Exclusive family and continue the journey we started back in 1999," said Jonathan Juay, Group managing director, Transition Systems.
"With the resources and support of the Exclusive Group we can remain committed to our value-adding principles, innovate new solutions and services tailored to local market needs and invest for greater expansion in the future."
Exclusive Group's business model generates value for vendor and reseller partners by continually challenging and disrupting VAD approaches, both through its choice of innovative technology solutions and its evolution of new value-added services. "To achieve this on a truly global scale is a first for our industry," added Breittmayer.
Exclusive Group is the parent company for regional VAD Exclusive Networks Middle East.