iseek Communications Pty Ltd

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iseek Communications Pty Ltd - overview

Established

1998

Location

-, NT-Northern Territory, Australia

Primary Industry

Business Support Services

About

iseek Communications Pty Ltd specializes in providing digital infrastructure solutions, including Data Centre services and Enterprise Cloud solutions, serving the needs of businesses and government organizations across Australia. Founded in 1998, iseek Communications Pty Ltd operates from Brisbane, Australia, and focuses on delivering a range of digital infrastructure services. The company is led by Jason Gomersall, who has a history of entrepreneurial endeavors in the technology sector. In August 2018, Next Capital acquired a controlling 51% stake in the company, valuing iseek at AUD 60 million including debt.


Since its inception, iseek has engaged in one major deal. iseek offers a comprehensive suite of digital infrastructure solutions, prominently featuring Data Centre services, Enterprise Cloud services, a PROTECTED Cloud instance, and Managed Connectivity solutions. Their Data Centres are recognized for innovative designs that ensure continuous uptime, focusing on security, power efficiency, and cooling. The Enterprise Cloud service offers flexible infrastructure options tailored for diverse business needs, while the PROTECTED Cloud solution emphasizes data sovereignty, especially for clients in Queensland.


iseek's robust network spans five Australian states, catering primarily to enterprise and government sectors, ensuring secure and reliable digital solutions for local businesses and large enterprises. In the most recent fiscal year, iseek reported revenue of AUD 377,756. 2, with an EBITDA of AUD 32,465. 3.


The company's revenue model is centered around service contracts that maintain long-term partnerships with clients, facilitating a mix of business-to-business interactions tailored to their infrastructure requirements. Looking ahead, iseek Communications Pty Ltd plans to enhance its product offerings by launching new digital infrastructure solutions and expanding its presence into additional markets within Australia. The company intends to utilize the recent investment from Next Capital to support these initiatives, focusing on increasing its service capabilities and geographic reach. The investment will also facilitate the development of upcoming product launches aimed at meeting the evolving needs of their enterprise and government clientele.


Current Investors

Next Capital

Primary Industry

Business Support Services

Sub Industries

Data Centers, Connectivity Software

Website

www.iseek.com.au

Verticals

Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

iseek Communications Pty Ltd - financials

Fiscal Year EndedSep 30, 2001Sep 30, 2002
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

iseek Communications Pty Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletediseek Communications Pty Ltd-

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iseek Communications Pty Ltd - employee data

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