Where have I been? Undertaking a Company Merger!

Today I got an email pointing out that I didn’t post a single article in October or November!

The last date I posted was actually the 27th September when I talked about how impressed I was with Air New Zealand getting me (eventually) down to Christchurch.

The reason I mention this again is that what took place on the 27th September is largely responsible for my lack of posts in the last two months.

On 27th September 2011, Tracey and I (as directors of Cadimage Group) along with Andrew and Marion Ecker of Cadconsult signed an agreement that saw our businesses merge on 1st October 2011.

Andrew Ecker has essentially been part of the team since 1991 when we first started distributing ArchiCAD. Andrew operated as our South Island ArchiCAD reseller for 20 years. In 1999 Andrew established Cadconsult Limited as a great kiwi owner-operator business. Andrew has had enormous success with ArchiCAD in the South Island. Cadconsult was also the New Zealand distributor for Solid Edge – a mechanical design product from Siemens PLM.

As Cadimage Group has developed the board decided to approach Andrew about merging our businesses. We saw that as essentially a solo operator Andrew was having to deal with significant administration which was preventing him from doing what he loves best – interacting with customers and potential customers.

Over a four month period we discussed options with Andrew and initially signed a Heads of Agreement in mid-August working towards the official merger from 1st October 2011. The merger saw Cadimage Group acquire Cadconsult and in return Andrew received a shareholding in Cadimage Group.

Over the last two months I have put in considerable work merging our businesses which also included establishing a new business to continue the Solid Edge related operations – Cadconsult PLM.

While we have extensive systems and processes in our business, merging customer databases with over 20 years of history still takes time. Also getting systems in place helps provide a platform for us to build and grow Cadconsult PLM as a key part of the Cadimage Group has taken time, with yesterday seeing the third iteration of our website launched in 2 months! This coming week sees Cadconsult PLM’s first official events with the launch of Solid Edge ST4 in Christchurch and Auckland.

Two months in we are still excited about the opportunities the merger will give us and are looking forward to a strong 2012.

Along with the merger – though not directly as a result of it – we have also recently employed two more people taking our team to 17. It is great to be growing even after another challenging year. For an overview of the Cadimage Group you can refer to our website.

 

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