IT Brief New Zealand - Technology news for CIOs & IT decision-makers
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UST acquires Australian firm Leonardo to boost ANZ market presence
Wed, 21st Feb 2024

Leading digital transformation solutions firm, UST, has announced it will acquire Leonardo, an esteemed Australian process transformation company. This strategic move marks UST's efforts to strengthen its foothold in the dynamic Australia and New Zealand (ANZ) markets.

This amalgamation is seen as an opportunity for Leonardo to expand its market reach and augment its service offerings towards its clients. The merger will see Leonardo's significant process expertise align perfectly with UST's technological supremacy in digital transformation capabilities, offering global credentials to bolster UST's position in Australia.

UST has been servicing diverse industries across the Australian market for the past eight years, delivering digital transformation solutions centred around customer experience and operating model designs, product engineering, improving organizational efficiencies through process transformation, coupled with Gen AI and data services, SaaS, cloud, intelligent automation, and cyber security solutions.

Leonardo will enhance UST's organisational efficiency services, by introducing its proficiency, acclaimed client references, and local partnerships. Leonardo's 70+ strong Melbourne-based team will join UST, extending their collective aptitude to deliver widespread digital solutions across the ANZ markets.

Leonardo, having partnerships with Red Hat, Software AG, Automation Anywhere, Workato, and UiPath, has excelled in driving extensive intelligent process improvements with cutting-edge technology products for over two decades. "We are thrilled to join forces with UST," said the Chief Executive Officer of Leonardo, Stephen Chetcuti. He added, "This collaboration signifies our commitment to growing alongside our customers, providing them with unparalleled digital solutions, and harnessing the power of AI to unlock new levels of productivity and insight into their business."

The acquisition represents an exciting phase for UST's growth pattern in the Australian market. The Managing Director of Australia, UST, Kumaran CR, expressed his delight saying, "Leonardo has been a reliable partner to its clients in the ANZ community, especially in the process transformation area. Their deep-rooted understanding and experience in these areas is invaluable." He further stated, "Leonardo will strengthen our global intelligent automation consulting capabilities further and help grow the UST SmartOps platform business in the ANZ region."

This acquisition combines UST’s comprehensive digital capabilities with Leonardo’s specialised process expertise – a unison hinting towards a potent synergy that will foster innovation and improve services for clients across the Australia and New Zealand region.