Mon, 10/10/2016 - 14:00
Management and technology consultancy Brickendon has merged with Spaarks, a software consultancy specialising in rapid technology-led business solutions.
The merger is expected to grow the combined business by 150 per cent over the next 12 months. The combined group will have an expanded range of solutions to further support clients in the financial services market.
Since Brickendon launched in 2010, the company has achieved 200 per cent growth per annum. It recently opened an office in New York City.
By consolidating its services with Spaarks, Brickendon will gain new global opportunities, including a foothold in Australia’s financial services sector, expanding its reach while increasing its market credentials.
The management teams of both firms will continue to operate during the integration, with Yash Varma and Catherine Steele remaining to provide strategic advice to grow the combined firm.
Spaarks specialises in developing robust systems, testing, implementing and supporting a wide range of business solutions. Combining the two firms will enable Brickendon to increase its multi-platform solutions offering, providing new technology and agile strategies to the world’s largest global institutions.
“Our long-term growth strategy is to reinforce Brickendon’s influence and position on a global platform, and by joining forces with Spaarks we definitely achieve this. Yash and Catherine share a similar philosophy to us at Brickendon, providing innovative solutions and advice – therefore, it’s a natural fit,” says Christopher Burke (pictured), CEO of Brickendon. “The future success of financial services is dependent on innovation, collaboration and adaptation, so combining our assets and resources with Spaarks places us in the strongest position to respond quickly to changing market conditions and a shifting regulatory landscape.”
Varma says: “It’s an important time for the financial services industry, therefore optimising our services with Brickendon provides a greater opportunity to compete in a growing market. We are very excited about the move which will cement our reputation as an industry frontrunner."
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