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Randstad Australia acquires Finite Group
Randstad Australia has acquired a technology and digital professional services company spanning across Australia and New Zealand, in a move to increase the company’s current service offering.
Lauren Croft
Firm: Baker McKenzie (Finite Group)
Value: Undisclosed
Area: Merger and acquisition
Key players: The deal was led by Baker McKenzie partner Lance Sacks.
Deal significance: The acquisition will further strengthen Randstad’s position as the market leader within the IT sector in Australia and New Zealand and will be a strong addition to the company’s current service offering.
The Finite Group specialises in technology recruitment, IT consulting and a broad array of IT and digital professional services. It leverages an extensive network of both contractors and permanently employed technical staff and provides a wide range of services and capabilities to its significant customer base.
Commenting on the deal, Mr Sacks said: “We were delighted to be able to assist the shareholders in Finite Group to achieve this outcome.
“The business is 100 per cent privately owned and operated and a real Australian success story. The sale agreement is a clear demonstration of Finite Group’s position as a leading technology services and people solutions provider across Australia and New Zealand.”
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
