Acquisition Growth Hammond Street Developments was recently acquired by prominent IT firms Atturra Limited and Veritec Consulting Inc., indicating a strategic expansion that might lead to increased investment in system integration, custom software development, and support services to enhance their portfolio.
Diverse Tech Stack The company's utilization of modern technologies such as Google Maps, New Relic, and Material Design Lite signals a focus on innovative, scalable solutions—potential opportunities for clients seeking cutting-edge software and system performance improvements.
Financial Range With revenue between $1 million and $10 million and recent funding of $132K, Hammond Street Developments presents a mid-sized opportunity for tailored IT services, especially in government and corporate sectors looking for specialized development and system lifecycle management.
Government & Corporate Focus Specialization in Microsoft .NET, Java, and Microsoft Dynamics CRM positions the company strongly within government and corporate markets that need complex system integration, lawful interception, and transaction processing—key areas for enterprise IT service expansion.
Employee and Market Position With a team of 51-200 employees and operating in key Australian locations, Hammond Street Developments offers a flexible, knowledgeable workforce capable of supporting growth initiatives, making it an attractive partner for clients seeking reliable close-to-market IT solutions.