ASG Group acquisition of Group 10 Consulting
Deal TypeTransaction Services
IndustryTechnology & Media
ASG Group is a leading IT business solutions provider with services including business strategy and advisory, infrastructure and managed services. Having previously been listed on the ASX, ASG Group was acquired by Nomura Research Institute (a Japanese-based consulting and IT solutions group listed on the Tokyo Stock Exchange) in 2016.
In March 2020, ASG Group announced the acquisition of Group 10 Consulting – an information communications and technology consultancy firm based in Canberra with a significant portfolio of public sector clients.
ASG Group engaged BDO in Perth for financial and tax due diligence in relation to the acquisition, with the engagement led by Byron Watson and James Massie-Taylor.
“BDO was engaged to provide financial and tax due diligence on our recent acquisition of Group 10 Consulting. We found Byron and James’s teams to be extremely responsive and knowledgeable, providing us with key technical and commercial insights into the performance of Group 10 as well as issues relating to the acquisition. We wouldn’t hesitate to recommend BDO for this type of work.”
Jodie Hede, Chief Financial Officer, ASG Group