SAFI CONTINUES GROWTH WITH FOURTH ACQUISITION
SME focus proving the difference for SAFI Technologies
3 June 2009. Christchurch, New Zealand. Christchurch-based SAFI Technologies has successfully acquired local web hosting company 24/7 Hosting, its fourth such purchase in the last two years.
Adding 24/7 Hosting’s 200 mainly small to medium-sized customers means SAFI Technologies are now running over 2000 websites, says managing director Tim Johnson.
“This latest purchase was a natural fit for us – the profile of 24/7 Hosting’s client base matched ours, they were located in Christchurch and ran similar software and servers to our existing infrastructure.”
Mr Johnson said SAFI would continue to look for good acquisition opportunities, “It is a good growth strategy for SAFI, and we really know how to run these kinds of businesses efficiently while providing good service to the customer.”
“We have enjoyed considerable success with previous acquisitions, for example achieving significant increases in websites hosted and therefore revenue with US-based Host World Wide after purchasing them in mid-2007.”
“SAFI is actively looking for the right kind of companies to buy and invite interested parties to visit www.safitech.com and supply their details,” said Mr Johnson. SAFI Technologies are currently investing in upgrading 24/7 Hosting’s systems to the same standard as their other subsidiaries.
“This will allow us to offer 24/7 Hosting’s customers the high level of service and support our other clients enjoy, including live phone support which is a rarity in the hosting industry.”
“We also have some exciting products being prepared for launch within the next 12 months which will be a good fit for smaller businesses like those using the 24/7 Hosting service.”
The acquisition marks a busy two years for SAFI, which include the purchase of two Christchurch-based web hosting companies, a further hosting company in the USA, and the establishment of an office in Canada.
About SAFI Technologies
Established in 2003, SAFI Technologies provides a complete range of web services, from building back-end systems right through to hosting and the development of software applications. They have delivered online systems for a number of sectors including property, retail, technology and government agencies. Headquartered in Christchurch, the company has offices in North Carolina, USA and Vancouver, Canada.
For information contact:
Tim Johnson, Managing Director, SAFI Technologies
Tel: +(1) 604-691-1757 (Canada)
Cell: +(1) 778-235-7293
E-mail tim(at)safitech.com
Web - www.safitech.com
Blog: tim.safitech.com