Sports Technology

Golf and venue software supplier MPower and MSL Solutions (MSL) has successfully launched on the Australian Stock Exchange (ASX) under the ticker code 'MPW'.

The Queensland-based group successfully raised $16 million last year to acquire British hospitality software provider Verteda and golf tournament software firm Golf Box in preparation of the ASX listing.

MSL provides cloud-based and on-site software solutions to membership-based organisations through an open platform environment, allowing it to integrate with a number of other services.

The company has over 600 clients including MCG and ANZ Stadium, has continued to grow in strength using its cloud based and on-site software services in sports clubs and membership-based entities.

Commenting on the company’s growth, MSL Chief Executive Craig Kinross stated “we’ve been growing strongly as a company year-on-year for the last three or four years, and are profitable.

“This means the market has a bit of confidence about us as a business partner and we have been able to get funding to do what we want to do in the market place.

“The reason for listing is so that we can continue to have that access to capital to grow internationally, and it’s a much easier platform than the pathway that we’ve had so far.

“On behalf of the Company, we would like to thank all of our existing shareholders for their continued support and welcome all of the new investors as we continue our journey now as a public listed company.

“Our vision is to empower all Member Based Organisations and their Members with our market leading MPower platform growing their revenues, driving efficiencies and improving their governance.

“We look forward to continuing to work hard with our customers to deliver these benefits for their businesses. Listing on the ASX helps us to execute on our growth strategy toward achieving our vision in the international markets.”

The company’s golfing suite MPower Golf works across 12 countries, and with over 1,200 golf clubs across Australasia and Europe using their software.

 It provides industry specific solutions including tee-times, scorecard printing and leader boards to help club managers run their businesses.

MSL has a head office in Brisbane with offices in Sydney, Melbourne, UK and Denmark and employs around 130 staff.

Lower image: MSL client ANZ Stadium.

24th December 2016 - MPOWER MEDIA INTRODUCES COLLECTIVE BUYING PROGRAM FOR COMMUNITIES AND SPORT CLUBS

18th November 2016 - MSL SOLUTIONS RAISES $16 MILLION AHEAD OF PUBLIC TRADING 

3rd November 2016 - HOSPITALITY SOFTWARE PROVIDER VERTEDA ACQUIRED BY MSL SOLUTIONS

3rd February 2016 - MSL SOLUTIONS ACQUIRES INFOGENESIS AUSTRALIA

21st February 2014 - MSL SOLUTIONS LIMITED ACQUIRES GOLF LINK PARTNERS