Pennant Australasia is pleased to announce the acquisition of Brisbane-headquartered software company Absolute Data Group (ADG) in order to provide enhanced integrated logistics support and Pennant’s target growth markets including Australasia and North America. The acquisition also includes ADG’s well established subsidiary OneStrand Inc..
ADG Founder and CEO Tammy Halter is now Pennant’s new Managing Director for Pennant Australasia and will lead the region where in addition to Pennant’s OmegaPS presence for the last 20 years, she will advance Pennant’s proven track record in providing world class leading ILS end-to-end solutions, technical training systems, e-learning and simulation solutions to global defence and civilian sectors.
“Our organisations share the same core values for our customers and our teams, including our common goals of innovation, quality and teamwork.” – Tammy Halter, CEO of ADG
ADG is known for its ‘R4i’ suite of technical documentation software, which provides its users with a dynamic S1000D-compliant publication solution. ADG licences the software, as well as provides the software in a hosted platform that includes related support, maintenance and consultancy services.
“The acquisition will enable further integration of the R4i product suite with Pennant’s OmegaPS software, providing users with an end-to-end integrated logistics support and robust documentation solutions.” – Jonathan Patterson, COO of Pennant ILS Software and Services Division
Tammy Halter also commented: “ADG’s R4i S1000D customers can now access Pennant technologies that provide an overall comprehensive suite of solutions with integrated software support to maintain their deliverables throughout the lifecycle of the technical data. My Australian (ADG) and North American (OneStrand) teams are excited to be part of the Pennant group, a global Integrated Logistics Support company.”
Pennant and ADG have been working together since early 2019 on complementary opportunities. As a result, the teams have already carried out the first integration task of connecting R4i LTS to the OmegaPS software suite, allowing delivery of a complete integrated solution to their overall customer base.
Commenting on the Acquisition, Phil Walker (Pennant CEO) stated: “We have known and admired the ADG business for some time so we are delighted to have exchanged contracts for its purchase by Pennant. There are clear synergies between our respective businesses and numerous opportunities to provide an end-to-end solution to the users of our products. We are looking forward to working with the vendors, Tammy and Michael, as ADG moves into an exciting new phase.”