Veris Limited (Veris), previously known as OTOC Limited, an ASX listed company combines innovative technologies with some of Australia’s best surveying experience to deliver an integrated approach to the entire project life cycle, beginning with the initial planning and feasibility through to construction and beyond.
Veris’ goal is to create a premium national professional services business in surveying, mapping and town planning. To achieve this the Veris business strategy has been focused on national growth through acquiring and integrating previously independent quality professional services businesses located across Australia.
Throughout the past 2 years, expansions has been gained both organically and from the addition of new business partners via the acquisitions of Bosco Jonson (VIC), THG Surveying (QLD), Geo Metric Surveying (NSW), Linker Surveying (NSW), Lawrence Group (NSW), WKC Spatial (WA) and Lester Franks (TAS).
Veris continues to be in various stages of acquisition with businesses that reflect the company’s values and vision for the Australian surveying industry.
The company’s share price rose 229% over the 15/16 financial year, with the company now enjoying a market capitalisation of around $75 million.