In October 2014 Banksia bought a minority stake in Perth based IT specialist, Logic Communications Pty Ltd (“Logic”) providing the company with growth capital.
Pioneer Credit had a successful debut on the ASX in May 2014, raising $40M and becoming the largest WA based IPO in the previous 20 months. The IPO was the culmination of a successful 4-year investment in the business by Banksia Capital.
In January 2012 Banksia Capital acquired a minority stake in training and employment solutions specialist, Skill Hire from the founding shareholders.
In late July an investee of ours, Cool Clear Water, was sold for $60 million to UK-based Waterlogic.The Cool Clear Water sale regonises the successful growth of the business in partnership with our firm. In 2008, we acquired a significant stake in the point-of-use company for $7 million.
In September, our investee, Croissant Express, was sold to a Singapore based consortium backed by the former Managing Director of Hungry Jacks.
Great business success is about more than just seeing your revenue increase. Real business success comes from growing your capabilities and sustainable growth. This focus helps a company on the road to becoming a global leader in its industry.
How different would your company be if every employee was as motivated as you are? How much more productive would everyone be? And how much more profitable your company be?
Corporate culture describes and governs the ways a company's owners, managers and employees think, feel and act. Regardless of whether your corporate culture written as a mission statement, spoken or merely understood your corporate culture plays a big role in determining how well your business will do. It has a direct impact on your company’s financial performance.
The standards, mindset and corporate culture of a company often trickle down from the top. The business owners tend to set a certain standard and as a result, the managers and subordinates uphold that standard. When the standard is set high, the business benefits.
Some people take pride in the fact that their business cannot run without constant, hands-on assistance. Don’t fall victim to this false sense of accomplishment! The sign of a strong business is one that has the power to run on its own for weeks at a time, without the captain at the helm. The purpose of empowering a business with the ability to run on its own is a sign of responsibility. It’s irresponsible to put a business at risk simply because the only one who can operate it might get laid up in the hospital, stuck on a business trip out of town or away on a family emergency. There is no excuse for not having proper processes in place to ensure that this doesn’t happen.
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