Atturra, through subsidiary Cirrus Networks, has exchanged a Share Sale Agreement (SSA) to acquire Plan B – a leading provider of managed network, connectivity and cloud services to businesses in New Zealand and Australia.
Plan B owns and operates a national network of five primary DCs across New Zealand’s North and South Islands and has a very high level of recurring revenue.
The acquisition continues to increase the service offering, geographical and customer coverage in Atturra’s managed services business.
Attura CEO Stephen Kowal, said: “The acquisition of Plan B fits into Atturra’s ambition to be a leader in managed services and this expands Atturra’s presence into New Zealand. We see the acquisition of Plan B as a launchpad for further expansion both geographically and in capability – particularly with its network of five primary DCs across New Zealand.”
Plan B CEO Frazer Scott said:“Plan B and Atturra have a shared focus on people and customer success, making the partnership a natural fit. The team at Plan B remains committed to the business and delivering exceptional outcomes for customers, who will also benefit from the extensive capabilities and resources that Atturra brings.”
The acquisition strengthens Atturra’s base to expand its managed services, private cloud and overall offerings to all of New Zealand and will provide a highly predictable revenue stream.
Atturra will acquire more than 1000 clients across ANZ through the acquisition.