Vocus Group

Vocus was founded by entrepreneur James Spenceley[10] in March 2008.[11] In 2013, Spenceley came in at No 81 on the BRW's Young Rich list after the business raised its annual revenue to $67 million.[12] Two years later, Spenceley became one of the youngest Australians in history to run a company worth more than $1 billion after Vocus merged with Perth-based Amcom.[13]

Amcom was founded in 1988[14] by Andrew Mclean to provide cabling services to CBD-based corporations and institutions in Perth. Amcom acquired a telecommunications carrier licence in 1998[15] and began building a fibre optic network. In 2009 Amcom won the Best Telecommunications Company of the Year 2009 - Australian Telecommunications Magazine.[16]

In December 2014, the board of Amcom approved the acquisition of the group by Vocus for AU$653 million.[17] In April 2015, rival TPG Telecom increased its shareholder stake in Amcom to 18.6 per cent in an attempt to block the merger.[18] TPG eventually built its stake to 19.9 per cent of Amcom.[19] In response, a campaign to persuade at least 75 per cent of shareholders to vote in favour of the merger was launched by both Amcom and Vocus. On 15 June 2015 the merger went ahead after 77 percent of Amcom shareholders voted in favour of the merger. In July 2015 the $1.2 billion merger between Amcom and Vocus was formally completed.[19] On 29 June 2015 CEO Clive Stein resigned after a 16-year career with the company to make way for incoming Vocus CEO Spenceley to take over the combined group.[20]

Executive director and founder Spenceley and non-executive director Tony Grist left the board of Vocus in October 2016 after a failed leadership succession proposal.

In February 2018 CEO Geoff Horth left the company. In March 2018 M2 Group Founding MD and CEO Vaughan Bowen stepped away from the role of Non-Executive Chairman of the Vocus Board to increase Board independence, and former Telstra Chairman and founding CEO of Optus, Robert Mansfield AO was made Chairman.[21] Michael Simmons became Interim CEO until the appointment of Kevin Russell on 28 May 2018.

In April 2018, Vocus announced it had decided not to sell off the NZ portion of the business as an acceptable offer had not been received.

Amcom acquisitions

Amcom

Traded as	ASX: AMM (until 9 July 2015)
ISIN	AU000000AMM3
Founded	1988 (1988) in Perth
Headquarters	Australia
Parent	Vocus Communications

In September 2005, Amcom acquired the customers of Perth Internet service provider Arachnet for A$1.6 million, adding 5,200 broadband and 2,100 dial-up customers to their user base, increasing Amcom's total broadband numbers to 7,500.[36] In April 2007 Amcom Telecommunications completed the A$6.25 million acquisition of People Telecom's Perth-based corporate services business.[37] The acquired assets include a client base using fibre and DSL-based broadband services and a large data centre facility with some 600 square metres of space.[38] In February 2010, Amcom announced that it intended to acquire 100% of the issued share capital of IP Systems Pty Ltd, an IP communications company delivering voice, video and data solutions to Australia and New Zealand.[39] The $5.3 million acquisition was completed in May 2010.[40] Amcom bought out L7 Solutions Pty Ltd in 2012 for A$15 million.[41] This allowed Amcom to expand its footprint in IT integration, managed services and consulting and additional of about 200 clients.[41] Amcom acquired aCure Technology on 22 August 2013 for $14.3 million[42]

• • 2014-11-21 Megaport, A$6.54 million[43]
  • 2013-09-26 aCure Technology, A$13.2 million[44]
  • 2013-07-25 Global Networks AMC Data Centre, A$22.4 million[44]
  • 2011-11-22 L7 Solutions, A$15 million[45]
  • 2010-05-24 IP Systems, A$21.8 million[46]
  • 2007-04-03 People Telecom, A$6.62 million[47]
  • 2005-09-16 Arachnet, A$1.68 million[47]
  • 2005-09-16 Swiftweb/Boldweb, A$177,000[47]
  • 2005-09-16 ADSL Perth Broadband Internet, A$15,000[47]
  • 2003-10-01 Amnet Internet Services, Amnet IT Services, Amnet IX and Ezsoftwrite A$2.14 million[48]