TPT Group acquires Sentinel Technologies and flags further buyouts
30th November 2017
TPT Group acquires Sentinel Technologies
TPT Group have acquired Sentinel Technologies, an Auckland based IT technology services company, further strengthening the Group capabilities in New Zealand.
“We continue to invest in the ever-changing technology sector and the Sentinel Technologies acquisition reinforces a number of our Group businesses including Advanced Security” says Group CEO, Mike Marr.
Sentinel was founded in 2005 and operates across the Auckland region, all staff will remain with the business and the company will continue to trade as Sentinel Technologies.
The business specialises in all areas of information technology including cloud, hardware procurement, backups, data recovery, cyber security and advisory services.
Phillip Hitchcock and Craig Inglis are very pleased to see the amalgamation of Sentinel Technologies and its staff into the TPT Group, and that it will provide added opportunities ahead.
TPT Group and subsidiary Advanced Security have acquired a number of businesses in New Zealand and this latest acquisition follows seven others including more recently Concord Security in 2016 and South Island integrator Struthers Electronics & Security in late 2014.
“In an age of innovation and disruption we see the acquisition of Sentinel Technologies as a great strategic fit as it will assist with the release of a number of new products and services to our customers”, says Mike.
The Sentinel business will work alongside Advanced Security and other Group businesses with further IT business acquisitions expected to be announced within the coming months.
Graeme Hansen, Chairman of TPT Group, is delighted with the acquisition, “The acquisition adds a new dimension to the TPT Group and furthers the service ability we can pass on to the market”.
About TPT Group
TPT Group was founded in 1999 and consists of companies in the electronic security, information technology, finance, commercial/industrial property, and technology sectors.
Businesses include Advanced Security Group Limited, TPT Finance (NZ) Limited, Promessa Property Group Limited, ASGSPL Limited, ASG Technologies Limited, Asset Insight Limited, VigilAir Limited and now Sentinel Technologies.
The Group has a total of 15 offices across New Zealand.
For further information
Phone 0800 420032