Business management software provider The Access Group announced that it has agreed to acquire Tradify, a job management software for trade businesses. This acquisition will enhance its global enterprise resource planning (ERP) software offerings.
The price remains undisclosed; however, the deal requires approval from the Overseas Investment Office, indicating that it exceeds the regulator’s $100 million threshold.
Access ERP caters to small, growing, and medium to large businesses by offering customised solutions across various industry sectors, such as construction, supply chain, waste management, professional services, and facilities management.
The introduction of Tradify offers a comprehensive job management platform specifically designed for trades and field-service businesses, allowing small enterprises to enhance their efficiency through the automation of essential business processes.
Curtis Bailey, the founder of Tradify, is poised to receive over $9 million following the sale of his company. He established Tradify in 2010 out of frustration with the lack of job management applications available for tradespeople.
Tradify has expanded its customer base to 20,000 clients in the trade industry across the UK, New Zealand, and Australia. With offices located in both the UK and New Zealand, Tradify offers a comprehensive platform that consolidates various functions, including customer enquiries, service reminders, estimates, quotes, scheduling, staffing, contractor management, job tracking, timesheets, invoicing, certifications, and payment processing.
Tradify chief executive Michael Steckler said, “Entering into an agreement to join The Access Group marks a significant milestone for Tradify. We have been impressed by the Access Group’s focus on customers and commitment to innovation. We are excited to join the team where we can accelerate our ambitions, further enhance our customer experience, and become part of a bigger mission.”
When asked whether Tradify’s operations would continue to be based in New Zealand, Steckler expressed his dedication to expanding the company following the deal. He noted, “The management team at Tradify in Auckland are incredibly excited about the next phase of this journey with the support of Access Group.”
Meanwhile, Claire Carter, the managing director of Access ERP, expressed in a press release, “Tradify is a great fit for our business. The proven success and innovation from the Tradify team excite us and show huge potential for the future of this world-class product, in conjunction with the other solutions we provide today. We are delighted to welcome Tradify into our Access ERP eco-system.”
“This latest acquisition supports our growth strategy and focusses on delivering solutions that meet the needs of our expanding international customer base. We welcome Tradify customers, partners, and employees into The Access Group,” she added.