In 1983, Philip founded HiSoft, a software/hardware solutions business which quickly became one of Australia’s fastest growing companies, employing 400 people in five countries. It held approximately 35% market share in Australia and within 3 years HiSoft grew to become Australia’s largest privately owned computer company with a turnover in excess of $300m. HiSoft was acquired in 1986 by National Mutual.
In 2002, an investment and board representation was taken in ASX-listed Catalyst Recruitment. 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.
CTS Travel and Events
In 1995, CTS Travel & Events was founded. Within three years, CTS was recognised by BRW as one of the top ten fastest growing private companies in Australia. In 1998, CTS merged with Internet Travel Group and became a publicly-listed company turning over in excess of $450m.
In 2002, Philip acquired MindAtlas, one of Australia’s leading providers of online learning solutions and customised training programs. MindAtlas experienced significant growth in a short period and was acquired by Catalyst in 2006.
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.
In 2006, Job Capital was established, offering a comprehensive web-based solution for Employment and Migration services as well as Payroll and Contractor Management. In its short history, Job Capital became a significant industry player, experiencing year on year growth.
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.
Founded in 2007, VitaminMe specialised in the retail of vitamins, health and sports supplements and in quick succession, opened six retail stores and an on-line web-store. In 2009, VitaminMe was sold to the national pharmacy chain, Pulse Pharmacy.