Autopia is pleased to announce that on 4th July 2016, it was 100% acquired by ASX-listed Smartgroup Corporation (SIQ).
Autopia and Smartgroup are very excited about this opportunity, and we wanted to share a little bit of background with you.
Why the change?
Autopia has been looking for opportunities to diversify its product range and expand its capabilities (traditionally a novated leasing specialist), while Smartgroup has been looking to increase its novated leasing presence in the corporate sector (its heritage being in Government and Not-For-Profit).
Smartgroup has the depth and breadth of products and services, and Autopia has the expert systems and service model to serve the corporate sector like no other provider – coming together just made sense on so many levels.
How will this affect our customers and their employees?
I can assure you that Autopia will continue to operate as a standalone company and brand, and little will change by way of organisational structure, day to day operations or the great service delivery you have come to love. (This is evidenced by other acquisitions that Smartgroup has made).
Our customers will continue to enjoy working with the Autopia they know and love, whilst over time benefiting from the added advantages of partnering with an ASX listed firm.
Who is Smartgroup?
Smartgroup Corporation is best known for its salary packaging administration and fleet management services to state & federal government, public health organisations, and large corporates.
Smartgroup has a portfolio of brands including Smartsalary, Advantage Salary Packaging, PBI Solutions, Smartleasing, Smartfleet, Health-e Workforce Solutions, Smartequity, and now, Autopia.
At Autopia, we are looking forward to working with the Smartgroup team to continue to deliver excellent results for our customers. There is a strong cultural fit between Autopia and Smartgroup and we are excited to be joining the group.
If you have any questions in relation to the above, please do not hesitate to contact us.