iseek in the fast lane to organic growth

JASON Gomersall is a man both in a hurry and devoted to the methodical path.

The hurry aspect comes as he climbs Bathurst’s Mount Panorama at 200km/h in a 500-plus horsepower Torana SLR 5000 looking for glory in the Touring Car Masters series, which celebrates the era of Alan Moffat, Colin Bond, Dick Johnson and Peter Brock.

Glory came for Mr Gomersall at Bathurst on Saturday with his first podium finish in the Touring Car Masters.

The methodical bit centres around Mr Gomersall running data centre and network services outfit iseek Communications where almost all the company’s double-digit growth is organic. He sees himself staying in control of the privately held operation for the next eight years.

iseek employs about 90 people and is tracking revenue north of $50 million.

The plan is to lift to $100m revenue within five years. “Keep in mind that’s with organic growth, we’ve never been keen on acquisitions,” Mr Gomersall says.

“I watched some players in the industry do things really, really well but there’s quite a few who have done it poorly.

“I’m not sure we would do acquisitions that well. We grew our top line 14 per cent this financial year and I think in the current climate that was a fantastic result. So as long as we can keep punching those numbers out (organic) is the best strategy.”

Thus far iseek operates in the Sydney and Brisbane data centre markets, with revenue split 50-50 between the two cities, but Mr Gomersall sees a lot more potential in the Sydney market.

As for racecars, he says it beats taking customers to golf days: “It’s not just about a sticker on the side of the car, it’s about bringing our customers closer to what is going on such as the technology involved. We don’t do golf days much and we stay away from fishing charters and rugby trips.”

– See more at The Australian