Business process automation consultancy Quanton is fully acquiring Probity's automation managed services and delivery division, Probotics.
Probotics specialises in the delivery of process automation solutions through a combination of its on-premise and hosted offerings for accounts payable, robotic process automation and intelligent document capture services.
“The decision to acquire Probotics strengthens Quanton's end-to-end managed services and Intelligent Automation capabilities. The combination of our existing services with the acquisition of Probotics capabilities will enable us to add greater value to our joint customer base as well as delivering a richer offering to the local market,” says Quanton managing director Garry Green (pictured above - left).
Probity managing director Barry Carruth (pictured above - right) says, "The acquisition creates great synergies by combining Probity's unique managed services offerings together with Quanton's leading automation advisory practice to further accelerate the possibilities that transformation can deliver for our customers.
Gartner has forecast that Robotic Process Automation, a subset of the holistic business process automation market, in the New Zealand market is expected to achieve a growth rate of 15.8% in 2021 and 20.8% in Australia for the same period.
Quanton will take on Probotics clients, including a number of active projects. “The acquisition of Probotics diversifies Quanton's presence further in key sectors like transport, logistics, public health, retail and central and local government, utilities and manufacturing,” Green adds.
“A key aspect of the deal was to ensure Probotics customers and staff were looked after and there was a seamless transition,” said Carruth. “The due diligence was very much two-way and has demonstrated that Probotics customers and staff will be well looked after as a result of this acquisition. That was a very important aspect of selecting and working with Quanton for this deal.
“Quanton's purpose is to support businesses in creating new ways of working. New Zealand businesses need to adopt future-ready business models and be more productive, or they risk losing relevance and becoming unsustainable. It's time to rethink how businesses operate – and what part automation plays in that.
“The deal assists Quanton with further growth in the wake of COVID-19, which has increased interest in business process automation as a strategic capability for businesses who require more resilient operating models and capabilities.
Over the past 12-months, Quanton has introduced several new technologies to the local market including Kore.AI and DataRobot.
Quanton has developed a holistic strategy for Intelligent Automation – the use of AI in business process automation which they are now applying with several customers in the New Zealand market.