S Central's new board member goes for growth
- 11 March, 2008 08:48
S Central has appointed high profile investor and former head of waste management company Baxter Group, Polly Mazaris, to its board. She is tasked with helping the Melbourne-based integrator accelerate its national growth strategy.
Mazaris said she had known S Central managing director, Peter Mavridis, for several years and was impressed with his passion for the IT industry, business vision and plans for the integration group.
"In order to grow quickly, S Central needed resources and I was able to provide that," she said. "Peter has a real commitment to this business - that has been identified by the growth he has already produced within S Central. The business has professional staff and a number of high quality clients that are leaders in our country and it has strong opportunities to grow."
S Central has been on an aggressive national acquisitions path last year, picking up seven companies in 12 months. They include Queensland-based Citrix partner, Clariti, NSW-based integrator, Rich Computing, and NSW Citrix partner, AGM IT.
Mazaris said her first point of focus was getting S Central's various business units better integrated.
"Over the past six months Peter has bought a number of companies. S Central needs some real integration plans, and a new location where everybody can be part of the one family," she said. "My role is also to look after the kitty and do the housekeeping."
Mazaris has a long history in the corporate community and was integral in taking Baxter Group to a highly successful listing on the ASX. Baxter Group was then sold to TransPacific for $240 million. While listing on the ASX continues to sit high on S Central's list, Mazaris was in no rush to make S Central public.
"I am cautious about listing - it has to be done at a time when we can offer real assets with a return to shareholders," she said.
Mavridis said S Central traditionally relied on existing profits and his own pocket for investment. Mazaris' experience and skill set would also help the integrator get to the next level.
While he didn't rule out more acquisitions this year, Mavridis said getting more feet on the ground in key geographical locations including SA, WA and NZ, are high priorities for S Central in the short term. The company recently appointed former Fujitsu staffer, James Bowes, as its sales director to oversee customer relationships.