Australian consultancy Apex Resource Solutions is acquired by Michael Bailey Associates.
As part of an Asia Pacific strategic growth plan, we have been actively seeking to purchase in the Australian market, and are delighted to announce the acquisition of Apex Resource Solutions Pty Ltd.
With a staff of around 20 people and an office in the heart of Sydney’s harbour front CBD, Apex currently has an annual turnover of AUD 18 million and a healthy balance of contract business, 45% and permanent business, 55%. The business structure is client focused and service driven with the majority of business coming from clients in the banking, telecommunications and technology sectors.
Mike Garlick, CEO, commented:
“Following on from the opening of our Singapore office, the acquisition of Apex has been a fantastic achievement. The existing operation has plenty of synergies with the Michael Bailey Associates Group, most importantly a positive and productive culture. I know that we can add value to the existing structure both internally for our new employees as well as for our clients.”
Now trading as Apex Resource Solutions Holding Pty Ltd, we have engaged the majority of existing employees who are embracing the change, and are excited about joining a well established global organization with the support and structure that comes with it.
We are beginning the process of communicating the changes formally to all of our clients, contractors and partners, however the day to day operation of the business and service delivery for clients will remain unchanged.