Sunday, July 01, 2007

Synergistic Thinking ....

It has been almost a month since my last post - a pretty poor record for someone who enjoys blogging (particularly having my own soapbox - complete with the opportunity for others to share what they think about my ramblings). There has been a fair bit going on.

After my brief holiday at the end of May, I have back to work and have hit the ground running... and there has been plenty to do.

The main focus has been the integration of Synergy Software Holdings Limited and the associated businesses. This is following the final approvals from shareholders and regulators in the middle of May and comes at the end of six months during which we have needed to first complete due diligence and then undergo the fairly intensive task of running a "full process" to complete a scheme of arrangment and the acquisition. That is all done now, and Synergy is now a Hyro Company.

While there has been collaboration between the groups for months (we got to know each other when we started to work together for some of our clients) the finalisation of the deal has meant that we can fast-track the finalisation of the integration of systems and processes and more importantly, get on with introducing the full offer to all of our clients. There are other places to talk about the details (market information is disclosed on the Australian Stock Exchange and archived on but I did want to share some resonating benefits of the acquisition that I have experienced.

All of this is about the people. We have an exciting, growing business in an exciting, growing industry. Success in this environment comes not only from the offer you have to make to the market, but also the team with which you deliver it. The team at Hyro has always been impressive - we have great management and an outstanding team of professionals, regarded as the best in their fields locally and internationally. With the added community of Synergy people, we have added new, fresh depth of skills, ability, experience and professionalism - I am really enjoying the way the teams have stepped straight into working as one company, one management and one team. We are much stronger for the acquisition and even better positioned to change the world.

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