Locomote was founded in 2012. In its first year, the travel technology company had organisations such as ANZ Bank, World Vision, Medibank, Allen & Overy and Glencore as users of its technology. By the end of its second year, Locomote had grown significantly, becoming a global player with blue chip companies such as Japan Airlines, MasterCard, Expensify and Regus all coming on board. In 2014, Travelport (NYSE: TVPT), a leading Travel Commerce Platform, acquired 49% of Locomote. The following year, they had increased their stake to 55% before acquiring 100% of the company in 2016.
Combining the latest in travel technology with a client-focused business model, Plan B began offering its solution to the market in 2012. In the space of three years, Plan B went from start-up to amassing turnover in excess of $100m, and boasted clients such as World Vision, Medibank, Orora, L&H Group, Allen & Overy and University of Southern Queensland. In its short history, Plan B was recognised as Australia’s Fastest Growing Company winning awards such as Deloitte Technology Fast 500 and a finalist at the Telstra Business Awards. In 2016, ATPI, a leading and long established global travel management company, acquired 100% of Plan B.
Founded in 2007, VitaminMe specialised in the retail of vitamins, health and sports supplements and in quick succession, opened six retail stores and an on-line web-store. In 2009, VitaminMe was sold to the national pharmacy chain, Pulse Pharmacy.
In 2006, Job Capital was established, offering a comprehensive web-based solution for Employment and Migration services as well as Payroll and Contractor Management. In its short history, Job Capital became a significant industry player, experiencing year on year growth.
In 2002, we acquired MindAtlas, one of the leading providers of online learning solutions and customised training programs in Australia. MindAtlas experienced significant growth in a short period and was acquired by Catalyst in 2006.
In 2002, an investment and board representation was taken in ASX-listed Catalyst Recruitment. At that time, Catalyst had a turnover of $68m and a market capitalisation of $7m. When Catalyst was acquired by Skilled Group in late 2006, it had doubled its turnover and had a market capitalisation of $50m.
In 1998, Global Gossip was founded. Since then, Global Gossip has grown significantly and is now the largest network of communication centers for travelers in Australia, New Zealand, Fiji and Vanuatu with over 150 locations and over 13,000 users every day.
In 1998, Intrapac Consolidated, a property company specialising in land subdivision, was founded. In 2000, Intrapac Projects, a division of Intrapac Consolidated, was recognised by BRW as the fastest growing private company in Victoria and continues to grow.
In 1995, CTS Travel & Events was founded. Within three years, CTS was recognised by BRW as one of the top ten fastest growing private companies in Australia. In 1998, CTS merged with Internet Travel Group and became a publicly-listed company turning over in excess of $450m.
In 1983, HiSoft was founded. The software/hardware solutions business grew rapidly to became one of Australia’s fastest growing companies, employing 400 people in five countries. It held approximately 35% market share in Australia and within 3 years grew to become Australia’s largest privately owned computer company with a turnover in excess of $300m. HiSoft was acquired in 1986 by National Mutual.