ASG may double in size in 2 years

ASG Group chief officer for national sales and strategic operations Murray Rosa said yesterday that the company's acquisitions and organic expansion could allow it to double in size in the next 18 to 24 months.

ASG Group chief officer for national sales and strategic operations Murray Rosa said yesterday that the company's acquisitions and organic expansion could allow it to double in size in the next 18 to 24 months.

ASG recently snapped up enterprise resource planning specialist Courtland Business Solutions and Melbourne-based consulting firm Dowling Consulting.

"We've made no secret of our plans to grow capability in our chosen markets, [such as] the managed services arena," he said in a Boardroom Radio interview.

"The Oracle [arm] continues to grow in terms of capability within ASG, business intelligence is an area that we're going to continue to invest in and grow capability, but more importantly and recently announced, our capability in the SAP space [is increasing]," he said.

"You can expect to see more announcements to bolster that capability right across the country."

All of these elements combined make for a bright future, according to Rosa. "It presents the opportunity to double the size of this company over the next 18 months to two years."

Rosa said that ASG had already secured $120 million worth of contracts in this half year, with a similar value expected to be signed by 30 June. ASG has signed contracts with the Western Australian Department of Education, the Department of Prime Minister and Cabinet, and utility Western Power.

He showed a slide that displayed just under $800 million worth of contracts in the 2011 financial year pipeline, which he expected to increase to $1.2 billion in the 2013 financial year.

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