MYOB acquires distribution partners Axsys and Exobiz in the midmarket push – Services – Software
Accounting software provider MYOB has acquired two of its Australian distribution partners, Axsys and Exobiz, for an undisclosed amount.
The acquisitions aim to strengthen MYOB’s recent move into direct selling to its mid-market customers.
Based in Hobart and with offices in Sydney, Melbourne and Adelaide, Axsys is a three-time MYOB Partner of the Year, specializing in both midmarket and enterprise.
Queensland-based Exobiz is a Platinum Partner of MYOB, developing bespoke ERP solutions for Australian businesses based on MYOB Exo and Advanced products.
MYOB Managing Director for Enterprise Kim Clarke said the acquisitions would bring a wealth of skills and experience to delivering enterprise solutions in Australia and New Zealand and would be essential to enable growth ambitions of MYOB in this segment.
“Our partner companies are essential to our success, and we are extremely excited to welcome Axsys and Exobiz to our team. Their in-depth market knowledge, proven sales and support capabilities, and strong customer relationships will help us shape a strong direct sales and support channel for our future growth.
“We look forward to working together to create this new channel, expand our reach in the market, and support more customers in their transition to the cloud. “
As part of the agreements, Axsys Managing Director Jason Ransley will join MYOB in an advisory role while Exobiz co-owner and CTO, Steve Aish will remain on to lead the ERP migration development team. by MYOB.
Ransley commented, “We are very proud to see the company we have created, along with our very talented team, being part of the foundation of MYOB’s exciting new business model. “
“Our philosophy has always been to improve business. We believe the platform we have built, as well as the client companies we work with across Australia, will grow stronger as the new MYOB Enterprise channel grows.
Aish added, “We are very excited to be part of the next phase of MYOB Enterprise’s growth. “
“This underscores the consideration our team is held in the marketplace, due to our focus on creating innovative solutions that deliver real value to Australian businesses. “