KPMG Fiji has bought Microsoft expert Acton for an undisclosed amount as it moves forward with its big growth plans. The company also wants to hire 500 people over the next three years.
With the acquisition of local digital transformation provider Acton, the Fijian branch of professional services firm KPMG is making good on last year’s promise of significant expansion, while the firm also prepares to move into brand new Nadi offices next month..
In the middle of 2021, KPMG Fiji and the network’s office in Papua New Guinea joined with KPMG Australia’s Enterprise practice under the name KPMG South Pacific.
Acton’s managing director, Shobha Reddy, and co-founders Sanjesh Kumar and Mukesh Lodhia will now work as directors for KPMG in Suva. Reddy said that Acton has a strong track record in the Fiji market and a lot of experience working with small and medium-sized businesses (SMEs) and big brands like KPMG. “
Acton was launched in 2017 and is backed by Bradley Stroop, the founder and former CEO of UXC Eclipse, which was bought by CSC (now DXC Technology) in 2016. Acton offers various cloud technology services across the Microsoft suite, including Dynamics 365 for Finance and Operations.
KPMG said that the acquisition would help make it easier for its mid-market clients in the South Pacific region to get Microsoft solutions. Acton adds about 30 new people to KPMG’s staff.
Michael Yee Joy, who leads KPMG’s South Pacific practice, said, “It will benefit our clients to offer a wide range of Microsoft products and the implementation results that mid-market businesses need.”
It will help them improve and change their financial and related functions and, in the end, make them more efficient by using things like the Microsoft Business Central solution.”
KPMG said last year that it plans to hire 500 people in Fiji by 2025, a significant increase from the 160 people working in its Suva and Nadi offices. This is why KPMG bought Acton. To keep up with this growth, the company is waiting to move into modern new offices in Nadi that will have three floors and be ready by the end of April.
We plan to grow a lot over the next three years because we see a huge chance to offer more services across the Pacific and in Australia, said KPMG Enterprise managing partner Paul Howes, who oversaw an expansion into North Queensland last year.
Outsourcing is getting much attention in Fiji, and KPMG wants to be at the front of that opportunity.KPMG bought Adelaide, Australia-based SAP expert Think180 at the beginning of this year.