Nexon is a leading end to end managed IT services provider in Australia. The Company delivers innovative, integrated, tailored and scalable solutions to support IT functions of clients.
Nexon, an Australian cloud and managed service provider, has been providing dynamic IT solutions to clients across commercial, public and not-for-profit sectors since 2000. The offering includes six interconnected solutions: Secure Networks, Unified Communications, Cloud Services, Managed Security, Business Solutions and Digital Workspace, wrapped with Nexon managed IT services.
The Company has a diversified customer base with over 400 customer groups and has built strong customer relationships within the mid-market and government segments. Given its customer-centric mindset and focus on innovation and solutions development, the Company has consistently achieved high customer satisfaction and retention rates.
In addition, Nexon has delivered upon a steady expansion strategy with several acquisitions since inception.
Market trends and drivers
The Company is expected to benefit from strong underlying secular trends, including increased share of IT outsourcing and growing cloud adoption. The Australian managed IT services market is characterized by a fragmented market structure, creating an opportunity for Nexon to drive consolidation.
Nexon is well positioned to further enhance and develop the IT services offering, grow the client portfolio, make value accretive acquisitions and strengthen the scalability of the platform. With proven track record within the TMT and services sector, EQT will support Nexon leveraging on our global Industrial Network with significant relevant experience.