Acquisition Archives - Over the Wire

Access Digital Networks and Comlinx join the OTW family

Thu, 01 Nov 2018 06:06:26 +0000

Over the Wire Holdings has completed the acquisition of Access Digital Networks Pty Ltd and Comlinx Pty Ltd, welcoming the team members of both companies into the Over the Wire family. Commenting on the acquisitions, Managing Director Michael Omeros said,

“We are very excited to be able to welcome the teams from Access Digital Networks and Comlinx to Over the Wire. These acquisitions are a great result for the Over the Wire group, with Access Digital Networks expediting our geographic expansion into South Australia and Comlinx broadening the product offering we are able to offer to our customers and enhancing our data networks capability. Our selective quality acquisitions and strong organic growth ensure that we continue to execute on our strategy for growth, and we look forward to a positive 2019.”

More details about the companies and the acquisition process are outlined in our original announcement of acquisition article, or can be found in our ASX Announcements.

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VPN Solutions joins the Over the Wire family

Wed, 01 Nov 2017 05:36:08 +0000

The completion of the acquisition of VPN Solutions Pty Ltd by Over the Wire Holdings Limited (ASX:OTW) has taken place today, on 1 November 2017. Commenting on the acquisition, Managing Director Michael Omeros said,

“The acquisition of VPN Solutions is a great outcome for the Over the Wire group. It expedites our existing geographic expansion progress into New South Wales, as well as creating a presence in South Australia. Our selective quality acquisitions and strong organic growth ensure that we continue to execute on our strategy for growth, and we look forward to a positive 2018.”

We’re excited to welcome them into the team, and look forward to an exciting future together.

About VPN Solutions

VPN Solutions is a telecommunications company that delivers business grade solutions to the Australian SME and Enterprise markets. Employing 21 staff and headquartered in New South Wales, VPN Solutions delivers managed networks to approximately 150 business customers. VPN Solutions prides itself on being able to successfully deliver complex solutions with a strong focus on customer service. For more information visit www.vpnsolutions.com.au.

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Over the Wire to acquire VPN Solutions

Fri, 20 Oct 2017 05:54:21 +0000

Over the Wire Holdings Limited (OTW) (ASX:OTW) is pleased to announce that it has entered into a binding agreement to acquire all of the shares in VPN Solutions Pty Ltd (VPN). Completion of the acquisition is expected to take place on 1 November 2017 (Completion) and is subject to a limited number of customary conditions precedent.

Established in 2002, VPN is based in New South Wales and delivers business grade telecommunications solutions to the Australian SME and Corporate markets. VPN has approximately 150 business customers, has experienced high levels of customer retention and specialises in delivering complex managed network solutions. VPN will accelerate Over the Wire’s geographic expansion in New South Wales and South Australia.

Managing Director Michael Omeros said, “We are very excited to be able to welcome VPN Solutions to the Over the Wire group. VPN Solutions is a high quality provider of managed networks with an impressive list of long term clients. VPN Solutions expedites our geographic expansion plans into New South Wales and South Australia and complements our expansion into Victoria following the acquisition of Telarus earlier this year.”

About VPN Solutions

VPN Solutions is a privately held telecommunications company that delivers business grade solutions to the Australian SME and Enterprise markets. Employing 21 staff and headquartered in New South Wales, VPN Solutions delivers managed networks to approximately 150 business customers. VPN Solutions prides itself on being able to successfully deliver complex solutions with a strong focus on customer service. For more information visit www.vpnsolutions.com.au.

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Telarus joins the Over the Wire family

Mon, 16 Jan 2017 05:37:47 +0000

We are pleased to announce that acquisition of Telarus Pty Ltd has been completed for a total consideration of $7.615m, effective 16 January 2017.

Commenting on the acquisition, Managing Director Michael Omeros said, “The acquisition of Telarus is very exciting for the Over the Wire group. It expedites our existing geographic expansion progress into Victoria and allows us to introduce some complimentary new offerings. We look forward to a positive 2017 as we continue to execute our strategy for growth.”

In addition to the regional expansion and synergies expected on integration, Telarus has a high quality team that will integrate well with the Over the Wire culture, and we’re excited to be working alongside them.

About Telarus

Telarus delivers business grade solutions to the Australian and New Zealand SME and Enterprise markets. Employing 25 staff in Melbourne and servicing over 300 business customers, Telarus delivers managed network, managed security and private cloud solutions. Telarus has a strong customer service focus with clients such as Cue Clothing Group, Zagame Automotive Group, Foodworks, and Swatch Group. For more information visit www.telarus.com.au.

Additional information on the agreement can be found in Over the Wire’s announcement to the ASX.

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Telarus to be acquired

Thu, 08 Dec 2016 05:07:42 +0000

Over the Wire Holdings Limited (ASX:OTW) is pleased to announce that it has entered into a binding agreement to acquire all of the shares in Telarus Pty Ltd. Completion of the acquisition is expected to take place on 16 January 2017 and is subject to a limited number of customary conditions precedent.

Established in 2002, Telarus delivers business grade telecommunications solutions to Australian and New Zealand SME and Enterprise customers. Telarus has experienced high levels of customer retention and is headquartered in the Melbourne CBD.

With FY16 revenue of $11.6m, FY16 EBITDA of $1.5m, 25 employees and more than 300 business customers, Telarus will accelerate Over the Wire’s geographic expansion into Victoria.

Additional information on Telarus and the agreement can be found in Over the Wire’s announcement to the ASX.

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OTW to acquire SpiderBox

Tue, 08 Mar 2016 05:04:41 +0000

Over the Wire Holdings Limited (ASX:OTW) is pleased to announce that it has entered into a conditional business sale agreement to acquire the assets of Access Wireless and Cable Pty Ltd (Spiderbox). Primary assets include the fibre network at Brisbane Technology Park and its clients. Spiderbox’s staff will also transition to Over the Wire.

The agreement is subject to several conditions and if these conditions are met the acquisition will complete on 31 March 2016.

More details are available on the Investors page.

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Ecohost migrated to be under the Over the Wire brand

Sun, 01 Jul 2012 09:21:33 +0000

Over the Wire is pleased to announce that it has migrated the Ecohost brand under its own label.

Ecohost was Australia’s first carbon neutral hosting provider and we welcome the oportunites that this new business model presents. This decision offers Ecohost’s clients access to a single provider for all of their IT and Telecommunications requirements, while allowing Over the Wire to strengthen its end-to-end value proposition.

More information about Over the Wire’s services can be found on our products webpage.

For additional details about the aquisition please contact media@overthewire.com.au

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Managed Services Provider Celentia Purchased

Sun, 01 Jul 2012 05:27:49 +0000

Over the Wire is pleased to announce that it has acquired Brisbane based Managed Service Provider Celentia.

Celentia has a long history of providing IT support services to businesses in Brisbane and we welcome them as a valuable addition to our team. This acquisition will help Over the Wire strengthen it’s end to end service value proposition, by allowing our clients to deal with a single provider for all of their IT and Telecommunications requirements.

More information about Over the Wire’s IT support services can be found on our IT Support Services webpage.

For additional details about the aquisition please contact media@overthewire.com.au

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