What is Synertec?
Synertec operates as a multi-disciplined consulting practice, delivering specialist engineering and compliance services across a diverse range of industries. Headquartered in West Australia, the company has established a strong reputation for its technical expertise and its ability to navigate complex regulatory environments. Its core competencies lie in providing critical support to sectors that demand high standards of safety, efficiency, and adherence to industry-specific regulations. The recent influx of capital suggests a strategic move towards scaling operations and potentially broadening its service portfolio or geographical reach.
How much funding has Synertec raised?
Synertec has raised a total of $7.1M across 1 funding round:
Share Placement
$7.1M
Share Placement (2021): $7.1M with participation from SG Hiscock and Perennial Value Management
Key Investors in Synertec
SG Hiscock
SG Hiscock & Company is an Australian investment manager specializing in actively managed, high-conviction investment strategies. They cater to various clients including high-net-worth individuals and family offices, offering tailored portfolio management.
Perennial Value Management
Perennial Investment Management Limited is the Responsible Entity for several funds, including eInvest, Perennial Value, and Daintree funds, covering equities and fixed income with approximately $5bn in assets under management.
What's next for Synertec?
With the backing of $7.1M in total capital and a recent strategic investment of $7.1M, Synertec is poised for significant advancement. This substantial financing indicates a strong investor confidence in the company's business model and future prospects. The strategic investment is likely to be channeled into enhancing its technological capabilities, expanding its team of specialist engineers, and potentially exploring new market opportunities. Synertec's focus on essential engineering and compliance services positions it well to capitalize on ongoing industrial development and regulatory demands, suggesting a period of accelerated growth and market penetration.
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