IT services company, S Central, will open an office in Sydney during the next couple of months after being unable to secure an acquisition in NSW.
Managing director, Peter Mavridis, said the Melbourne-based company had spent more than a year looking for potential buyouts.
"We have a number of national customers; some in Melbourne, some in Sydney," he said. "There was pressure coming from customers. For us to service them effectively we need to cover both areas." S Central's database includes Coles Myer, Priceline, Ridley Corporation and several banks.
The Sydney branch would initially focus on three core businesses: Cisco IP telephony; Novell solution engineering; and hosting and data centre services. Mavridis anticipated the office would start off with 10-12 personnel, half of whom would be focused on sales. S Central's core facilities, including its data centre and IP telephony infrastructure, would remain in Melbourne.
"We expect that we will have a bigger operation in Sydney than Melbourne within four years," he said. "It's a larger IT market."
Despite going it alone, Mavridis said S Central would still pursue an acquisition strategy. The company was currently in talks with a potential purchase.
"Because we had a number of purchases which we pulled out of, or which fell apart, we decided it was prudent to set up our own operation in Sydney," he said. "If we do secure something, then we will merge it in."