Australian technology services company Brennan has revealed it aims to recruit 400 professionals in coming months, as it prepares for a possible ASX initial public offering and client demand for its work climbs.
“Ironically, we are growing at a greater pace in the tough economic climate, as many customers want to increase productivity or reduce costs,” Mr Stevens said. “There are lots of clear benefits to someone like us being a public company on the ASX and when the markets open again we would stand ready to IPO – if that was our next best move at that point,” he said.to acquire listed tech company MOQ for $23 million, which added 400 employees to its headcount and $80 million revenue.Mr Stevens said the business would further be acquisitive and that future deals would likely be the same size or larger than MOQ, which came to almost $30 million after costs.
He said the company’s rapid growth could provide opportunities for staff to progress rapidly, working across a broad range of projects.
One of the worst companies I have dealt with as a customer, terrible investment