Financial services provider Diverger has announced the acquisition of a technology services firm.
Diverger has acquired Priority Network, a firm that specialises in advising and servicing the technology, cyber and process needs of small to mid-sized organisations.
According to Diverger CEO Nathan Jacobsen, the acquisition is a step change for the organisation and consistent with its commitment to expand its services to its clients.
“Diverger has a clear growth strategy to become the leading service provider to advice and accounting firms, and to do that, we must forecast and deliver the services they need to grow and protect their businesses.”
Mr Jacobsen explained that over the last 12 months, advisers and accountants have been increasingly concerned about their cyber security amid an ever-changing environment.
“There has been a rising need to focus on technology and cyber risk, and this has been a key consideration in making this acquisition,” he noted.
Established in 2011, Priority Networking founders Greg Gardiner and Jacques Louw welcomed the deal and will remain as principals of the business.
“We are delighted to join Diverger and have the opportunity to deliver leading technology services to a broader number of accounting and advice professionals,” said Mr Gardiner.
Over the coming few months, Priority Networking and its 30 staff will integrate with Diverger and be available to provide technology services across the network.
Diverger’s network currently numbers some 3,500 accounting and advice firms.
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