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Infusion Business Software NZ, Infusion Software Australia, and NetValue Limited - Announce Merger
Infusion Business Software Ltd and NetValue are pleased to announce that they have merged their companies, creating a powerful player in the Australasian accounting software industry.
Infusion Business Software Ltd, founded in 1993, has a proven track record of delivering innovative and reliable accounting software solutions to businesses of all sizes. NetValue, established in 2004, has a reputation for excellence in delivering web services, development, and infrastructure for cloud-based solutions.
The merger of Infusion and NetValue will bring together several highly complementary businesses, each with a unique set of strengths and expertise. The combined company will have a broader range of products and services, as well as increased resources and capabilities to better serve their customers, both now and into the future
The merger will also create new opportunities for innovation and growth, as the combined company leverages the strengths of both organizations as it continues to develop new solutions that address the evolving needs of businesses in the digital age.
"We are excited to join forces with NetValue, a company that shares our commitment to delivering high-quality accounting software solutions and excellent customer service," said Tim Shaw, CEO of Infusion Business Software Ltd. "By combining our expertise and resources, we will be better equipped to meet the needs of our customers and drive continued growth for our business. This move will allow us to accelerate the further development of our recently released SaaS accounting software platform for the SME market."
"We are thrilled to be merging with Infusion Business Software Ltd," said Graham Gaylard, CEO of NetValue. "This merger will allow us to offer our customers a broader range of products and services while continuing to deliver the same high-quality solutions and customer service they have come to expect from us."
Infusion Group Ltd is the new company with the merger taking effect from the 3rd of April 2023. Infusion New Zealand, and Australia along with NetValue and Real Time Genomics will continue to trade as wholly owned subsidiaries of Infusion Group Ltd
About Infusion Business Software Ltd
Infusion Business Software Ltd is a leading provider of innovative and reliable accounting software solutions to businesses of all sizes throughout New Zealand and Australia, with a diverse range of over 3,500 customers located throughout Australasia. For more information, visit www.infusionsoftware.co.nz
About NetValue Ltd
NetValue has a team of over 65 staff and contractors including 11 PhDs. NetValue also owns Real Time Genomics Ltd, an R&D company focused on leading-edge DNA analysis software solutions for USA-based Life Science customers.
For more information, visit www.netvalue.nz, www.realtimegenomics.com
Contact: Tim Shaw -Managing Director Infusion Business Software Ltd
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Everything is based around stock for us; it is what we do. Infusion has given us better control over it, and now we can actually keep proper track of everything coming in and going out. The software is incredibly easy to use. We have a range of age groups who work here and it has been very user friendly for everyone.