acQuire expands into social performance management with acquisition of Managing Transformation Solutions (MTS)
Perth-based technology company’s newest product completes ESG management portfolio
Global information management software company acQuire has this month completed its acquisition of MTS. The addition of MTS’s Insite product – a people-centred, social performance management solution – rounds out acQuire’s capability to manage crucial ESG performance information. Insite perfectly complements acQuire’s EnviroSys for environmental data management and its flagship offering, GIM Suite, which provides governance and data management for geoscientific information.
PERTH, WESTERN AUSTRALIA — 26 October 2022 — acQuire Technology Solutions (acQuire) has completed the acquisition of MTS, a South African company that specialises in people-centred technology and advisory services to help resource companies meet obligations that cover their social license to operate.
Insite becomes the third product in acQuire’s suite of information management tools for the natural resources industries. The software-as-a-service solution enables users to streamline collection, validation and management of social sustainability data. Insite’s reporting capabilities on social performance are as reliable as the reporting from accounting systems.
Alison Atkins, acQuire’s CEO, welcomes the acquisition of MTS as part of a broader growth strategy for the company.
“MTS is an excellent fit for us and our purpose of solving data management challenges with robust software solutions. We look forward to growing its excellent product and reputation under our ownership,” Atkins said.
This latest acquisition sees acQuire expand further into ESG management, which has become one of the most important topics in the global natural resources industry. Companies are under scrutiny to meet ESG obligations and are increasingly held to account by regulators, investors and the public.
Being able to measure and track progress helps companies manage their efforts toward social sustainability and sustainable development. Insite gives them a way to prove the impact they are having on the communities where they operate, both positive and negative. It allows for full and transparent reporting to all stakeholders including employees, clients and suppliers.
“Our success as a global provider of information management solutions, plus being backed by Vela Software, means we can leverage shared services, expertise and partnerships to extend the Insite product into new areas,” Atkins said.
“We see fresh opportunities to deliver social performance technology to more companies across Africa so businesses can future-proof their operations by harnessing the growth potential of their communities, workplaces and supply chains, and make data-led decisions.”
Insite manages and optimises regulatory compliance requirements and processes relating to the implementation and reporting of Social and Labour Plans, Mining Charters, the Broad-Based Black Economic Empowerment (B-BBEE) program, Employment Equity and Annual Training Reports (ATR) for Workplace Skills Plans (WSP) mainly for mining companies in South Africa.
Maritha Erasmus, CEO and Founder of MTS, believes the acquisition by acQuire will provide greater opportunities to advance socio-economic inclusion. Both she and Phil Marneweck, CTO and co-founder of MTS are eager to join the acQuire team.
“A delicate balance is required to create positive and sustainable social impact while mitigating business and environmental risks,” Erasmus said.
“The acquisition by acQuire is a chance to join a like-minded, values-based company. We look forward to expanding on the important work we started at MTS and the social impact we can make using technology.”
acQuire, a global technology company based in Perth, Western Australia, has been operating in Europe, the Middle East and Africa (EMEA) through its South African office since 2008. The MTS addition provides an extra decade of mining industry experience for the region to that office.
If you have any questions about this acquisition, or the capabilities of acQuire’s products, please contact the acQuire team at info@acquire.com.au or visit the acQuire website at www.acquire.com.au
About acQuire
acQuire provides geoscientific data management software and services so customers can make profitable business decisions using data assets they trust. We work with the world’s leading organisations, by helping them manage their mining and environmental data assets, in a smarter, more streamlined manner.
acQuire’s software is paired with product support services and accredited training to meet customers’ evolving technology needs.
Founded in 1996, acQuire originated in Perth, Western Australia, and since 2018 has been a part of Constellation Software Inc (CSI) via its operating group Vela Software. The company currently has five offices around the globe, with customer support centres operating in each major time zone.
CSI is a public company listed on the Toronto Stock Exchange (TSX:CSU). CSI acquires, manages and builds software businesses that provide mission-critical solutions in specific vertical markets.
About MTS
Managing Transformation Solutions (MTS) is a services and software business that has been at the forefront of social sustainability in the mining industry since 2009. It develops people-centred technology solutions to help clients develop and implement long-term social performance strategies that meet regulatory requirements and deliver shared value to internal and external stakeholders. MTS is based in Johannesburg, South Africa, and has expanded its services to a variety of industries, including civil engineering and construction.
Media Contact:
Meesha Stacker
Telephone:+61 8 9316 6600
Email: m.stacker@acquire.com.au
Website: www.acquire.com.au
