FIVE years after buying private Perth business ComputerCORP and renaming it Synergy Plus, the directors of the listed IT services company have called in the administrators.
Perth-based IT services group Synergy Plus has been placed into receivership after its major funder GE Capital demanded repayment of a finance facility.
Delays have prompted Stirling-based ComputerCORP to terminate its acquisition of private east coast outfit S Central while it seals the deal on another purchase.
West Perth-based ComputerCORP will undergo some major changes including a name change and a new east coast-based chief executive following the acquisition of two technology providers.
ComputerCORP will pay some $15 million in cash and scrip to acquire two eastern states technology providers and has announced plans to launch a $5 million capital raising.
ComputerCORP Ltd today announced an agreement to purchase Queensland IT firm Coretech for up to $4.2 million in staged cash and share payments over two years.
Perth-based IT infrastructure services provider ComputerCorp Ltd has partnered with USA-based EDS Australia Ltd on the Federal Government's $7.2 million infrastructure consolidation program, the company has announced.
Woodside Energy Ltd has extended its contract with West Perth-based IT infrastructure services provider ComputerCorp Ltd for another 12 months, the company has announced.
The Domenic Martino-chaired ComputerCORP Ltd has announced plans to merge with Melbourne-based IT company Leading Solutions, in a deal that will double the size of the West Perth-based business.
One year after its change of ownership, national computing business ComputerCORP Ltd is close to completing a major restructuring and about to embark on a series of acquisitions.
West Perth-based IT infrastructure services provider ComputerCorp Ltd will raise $4.2 million through a rights issue to existing shareholders, to be used as additional working capital.
National IT infrastructure services player ComputerCorp Ltd is seeking $6 million as part of its transition from a privately held West Perth firm to listing through shell company Etick Ltd.
HIGH profile accountant Domenic Martino has emerged at the helm of a mystery buyer for Perth-based IT services company ComputerCORP Pty Ltd in a deal worth more than $8 million on paper.