Mount Maunganui business iskills has been bought by Australian tech company Pegasus Management. 

The acquisition marks the next phase of growth as Pegasus expands its services in New Zealand, where the Silicon Valley-backed company manages safe workforces in its software for clients including Lion, Fletcher Construction, Chorus, Otis Elevators, Hilton Foods, and City FM.

“This strategic acquisition will allow us to enhance the support we offer our New Zealand clients while establishing an important presence there,” said Pegasus CEO Adam Boyle.

“Having the iskills team join us means we are offering clients the local support and experience they expect and working in partnership with an organisation which shares our values and safe worker mandate.”

Pegasus has worked with iskills for almost two years, and finding synergies between the businesses has been the core of the partnership.

“iskills is the New Zealand leader in competency management frameworks, defining the skills required to work safely in high-risk industries,” said Mr Boyle.

“This perfectly complements the Pegasus objective to connect competent workers across a network of industries, employers, and clients in our software platform.”

A significant portion of the value Pegasus ascribes to iskills lies in its Managing Director, Sharon Macquarie, and her staff.

“Sharon and her team are a well-respected part of the NZ competency and training landscape and we are confident they will make us better and accelerate our growth plans,” said Mr Boyle.

iskills provides industry training, workplace assessment, and management consultancy services across New Zealand.

“Our objective is to keep workers safe, competent, and compliant in their fields of expertise,” said iskills Managing Director Sharon Macquarie.”

“For my team this acquisition means better access to software, systems and resource that comes with being part of a larger organisation along with new exciting job opportunities. ”

“The strong alignment of the strategy and values of the two companies and combined expertise in the worker competency space will make for a smooth transition and will only add to the benefits we can offer our clients.”

We look forward expanding our industry expertise with Pegasus, and to continue offering real value to our clients as a leader in competency management.”

Together, Pegasus and iskills manage the safety, training, and competency of over 3.5 million workers for more than 70,000 companies, offering workforce solutions and managed services in Australia and New Zealand.

• Content supplied by Chamber Member iSkills.