HiSoft
In 1983, HiSoft was founded. The software/hardware solutions business grew rapidly to employ over 400 people in five countries. Within five years, HiSoft was to be Australia’s largest privately owned Information Technology company, with a turnover in excess of $300m. HiSoft was acquired in 1988 by National Mutual.
CTS
In 1995, CTS Travel & Events was founded. Within four years, CTS was recognised by BRW as one of the top ten fastest growing private companies in Australia. In 1999, CTS merged with Internet Travel Group and became a publicly-listed company turning over in excess of $450m.
Intrapac Consolidated
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.
Global Gossip
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.
Catalyst Recruitment
In 2002, an investment and board representation was taken in Catalyst Recruitment Systems Limited, an ASX-listed company and supplier of human resource and recruitment services to more than 3,000 companies nationally. 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.
MindAtlas
In 2002, Deasil aquired MindAtlas, one of the leading providers of online learning solutions to some of Australia's most recognisable companies. MindAtlas provides work-based certificate courses, blended learning, compliance education and customised training programs. Through Deasil's involvement, MindAtlas experienced significant growth in a short period and was acquired by Catalyst in 2006.
Job Capital
In 2006, Job Capital was established, offering a comprehensive web-based solution for Employment and Migration services as well as Payroll and Contractor Management for Australian Citizens, Foreign Nationals, Working Holiday Makers, corporate companies and recruitment agencies. In its short history, Job Capital has already become a significant industry player, boasting 80% of its clients as blue chip public and private companies seeking to decrease the cost of contractor employment without threatening traditional HR processes.
