EY buys New Zealand-headquartered ServiceNow expert Red Moki
EY has acquired Red Moki, a New Zealand-headquartered technology consultancy specialised in ServiceNow implementations.
The deal, which comes hot on the heels of the purchase of Auckland-based boutique Q4 Associates (12 staff), sees a team of 74 professionals join EY’s technology consulting practice. The chunck of Red Moki’s team will join EY in Auckland and Wellington, with smaller teams based in Australia and India.
Rich Macfarlane, a partner in EY’s Technology Consulting practice, said that the firm is experiencing “unprecedented growth in the ServiceNow field” and that EY for long has been “great admirers of Red Moki’s work”, so the “decision to ask them to join EY was an obvious one.”
Established in 2017, Red Moki is an elite ServiceNow partner specialised in developing and managing intelligent automated workflows. The firm works across sectors, including for clients in the government, financial services, consumer goods, and telecommunications landscape.
Red Moki has enjoyed spectacular growth over the past years, noting 440% growth in its latest financial year – a feat which saw the firm named New Zealand’s 6th fastest growing business in Deloitte’s Fast 50 Index.
“The team of Red Moki has delivered major ServiceNow-enabled business transformations across. Their expertise complements EY’s breadth and depth of technology and transformation consulting experience with leading organisations,” said Macfarlane.
Commenting on the joining of forces with the Big Four firm, Red Moki chief executive officer Greg Woolley said, “By joining forces with EY and accessing their global resources and skills, we will be able to take the service we provide to our clients to the next level and deliver true digital transformation across both the business and technology domains.”
“Our team is excited about the scale and range of opportunities that they will have access to by being a part of EY, not to mention the variety of career and development options that come with being with a leading global organisation.”
Earlier this year, EY acquired three firms in Australia: Blackdot, Axiom, and Cadence.