SSH will use IPO funds to tap into an identified $33.58bn market opportunity, via organic growth, acquisitions, interstate expansion and new product and services. Significant contracts are held with government agencies such as WA Department of Health, Public Transport Authority, Mineral Resources Ltd (ASX:MIN), NRW Holdings Ltd (ASX:NWH) and BGC.
The company has experienced strong growth with 1H21 Revenue of $28M on FY20 revenue of $15.35M
SSH Group Ltd is an revenue generating Australian public company head quartered in Perth, Western Australia. On completion of the Acquisition, The Company will own 100% of the entities comprising Site Services Holdings Group. The Site Services Holdings Group was founded in 2013 and provides safety and people services, including security, labour hire, and road safety services across an array of industries and project sites in Western Australia.
The Site Services Holdings Group provides a range of safety and people services, including security, labour hire, and road safety services, to the construction, mining, civil and government market sectors in Western Australia. Customer sites include: • Hotel and shopping centre construction sites • Mining construction and operational sites • Transport infrastructure construction sites • Operational (post construction) hotel and shopping centre sites including travel quarantine services
Price per Share $ 0.20
Number of Shares offered 31,250,000
Amount to be raised (before costs) $ 6,250,000.00
Total proforma cash on completion of the Offers (after costs of the Offers) $ 6,214,505.00
Shares on issue as at date of this Prospectus 4,834,399
Total Shares on completion of the Offers 59,834,399
Indicative market capitalisation $ 11,966,880.00
Enterprise value $ 5,266,880.00
Board of Directors:
Daniel Cowley-Cooper Managing Director Founder of SSH Group, Daniel has been the driving force behind the business’ year-on-year growth. Daniel has built SSH Group to its current size, with over 745 field staff and diversified its operations into a broad array of industry sectors within Western Australia.
Stefan Finney COO & Executive Director Stefan has helped grow the SSH group to 745+ staff. With recent experience in a senior role with a large mining company, Stefan has experience managing people and assisting business units to deliver large scale WA regional construction and mining projects.
Matthew Thomason CFO Matt is a Chartered Accountant with a Bachelor of Commerce, Accounting and Finance from the University of NSW. Starting at Coopers & Lybrand (now PricewaterhouseCoopers), Matt now has over 15 years’ experience in senior Financial & Management Accounting Roles.
Bruce Lane Non-Executive Chairman Bruce has held leadership roles with a number of ASX listed companies and significant blue-chip companies in Europe and Australasia. Bruce has experience in a range of industries including resources, consumer and industrial products, and venture capital.
