Germany-headquartered media systems integration and project management company, Qvest, has expanded its global presence with the acquisition of tm stagetec systems in Australia.
tm stagetec will be fully integrated into the global Qvest Group and will operate under the name of Qvest Australia with all employees and the management team. According to Qvest, the specialised practices of tm stagetec such as professional audio, systems integration as well as their expertise in network and management tools like DataMiner, will enrich Qvest’s existing offerings and practices and allow the company to stay at the forefront of innovation in the industry.
With the new Qvest Australia hub, the company can now offer all global Qvest Group practices in the ANZ region. The integration of tm stagetec follows a number of Qvest-led projects in Australia, including the Nine Network’s North Sydney HQ.
Treva Head, Managing Director at tm stagetec systems: “We very much look forward to our future as Qvest Australia and as part of the Qvest Group. The remarkable synergies between our two companies means we can offer increased business opportunities to our customers in the areas of professional audio, broadcast and infrastructure projects across Australia and New Zealand. With our talented team of employees, we aim to continue to offer the high standard of products and services that we have built our reputation upon. The potential for new opportunities is endless.”
Peter Nöthen, CEO of the Qvest Group: “With the acquisition of tm stagetec, we are consistently strengthening our global presence. At the same time, it is a clear signal of commitment to customers in the Australia and New Zealand region, which is of great relevance to us. Our new regional hub at Qvest Australia with Mark, Treva, and their team, will enable us to implement a substantial Qvest knowledge transfer to this region.”
Mark Lownds, General Manager at tm stagetec systems: “This is a time of growth for our company in which to gain the knowledge, resources and opportunities of a global entity that has a unique local perspective in each of the markets that it serves. As we move to become known as Qvest Australia, we look forward to better meeting the technology integration needs of our current clients and to expanding in our key industries to take on more complex and larger scale projects.”