Ventia
| Company type | Public |
|---|---|
| Industry | Infrastructure services |
| Founded | 2015 |
| Headquarters | North Sydney , Australia |
Area served | Australasia |
| Products | Facility management, asset management, telecommunications, engineering, environmental management services |
| Owner | Public shareholders; CIMIC Group and Apollo Global Management (each held 15% as of May 2023) |
Ventia operates as a provider of infrastructure services across Australasia, delivering an extensive array of solutions to clients in both the public and private sectors. Established in 2015, the company is headquartered in North Sydney, Australia, with additional corporate locations situated in Auckland, Brisbane, Melbourne, Adelaide, and Perth.
The company’s offerings encompass facility management, asset management, telecommunications, engineering, and environmental management services. Ventia caters to a diverse clientele, including government bodies, utility providers, property managers, and private enterprises.
History
Ventia’s foundation can be traced back to 1987 when the environmental services division was initiated by Thiess Services. In 1994, Visionstream was established as a subsidiary under Telstra with the purpose of developing its cable television network. By December 1996, Visionstream became part of Leighton Contractors through acquisition.
In 2015, CIMIC Group merged Leighton Contractors Services, Thiess Services, and Visionstream to form Ventia, while Apollo Global Management acquired a 50% ownership interest. The company further grew in June 2020 by purchasing Broadspectrum from Ferrovial.
Ventia transitioned to a publicly traded company in 2021 with a dual listing on both the Australian Securities Exchange and the New Zealand Exchange. At that time, CIMIC and Apollo each held a 32.8% share; however, by May 2023 both parties had decreased their holdings to 15%.