COLLABORATION AND SUPPORT AGREEMENT TO SCALE DIGITAL BUSINESSES

25 MAY 2021 – LAKEBA has developed a growth alliance with EY, undertaking to expand business commercialisation internationally.

The alliance is being managed by EY’s Associate Partner, David du Plessis; and Lakeba’s newly appointed Chief Business Development Officer, Tom Bender.

Commenting on the deal, Giuseppe Porcelli, CEO of Lakeba, says: “We’ve built Lakeba into a Nikkei Asia and London’s Financial Times recognised high growth company. The alliance with EY will take this to the next level.

“We’re so alike we understand each other. So different that it was an immediate attraction.”

Lakeba has grown into a business building powerhouse in seven years. It has commercialised 15 of its own digital businesses, while scaling two additional business as part of its Scale Up Fund. It employs 160 staff across Australia, India, Europe and the US.

EY builds a better working world through its four integrated service lines of assurance, consulting, strategy and transactions, and tax. It works with more than 200,000 clients in 150 countries, from start-ups to multinationals across all sectors. Employing over 300,000 people internationally.

“The blend of technology and business innovation revolutionises how organisations operate, compete and deliver products and services. Lakeba’s the multifaceted kaleidoscope of this reality, with EY perfectly placed to amplify Lakeba’s entire spectrum,” says David du Plessis, Associate Partner at EY Australia.

Du Plessis has over 20 years of international corporate experience at EY, initially starting in South Africa. He is managing EY’s engagement with Lakeba internationally.

Lakeba (lakeba.com) is a privately held global business builder. Its portfolio consists of 15 businesses, with 12 in production and three exited. Lakeba conceives their opportunities, create their operational models, and commercialise them into mature revenue and profit-generating companies.  

Founded in 2013 and awarded Microsoft Gold Partnership status in 2018, The Financial Times recognised Lakeba as an Asia Pacific High Growth Company in 2020 and in 2021.  

Lakeba builds from its headquarters in Sydney, Australia and its offices in India, Italy, the UK and the US. With a team of 160 specialists in capital funding, coding, financial management, marketing, operations, public relations, risk management and, of course, technology.