NTT Communications Corporation, a listed Japanese global trading firm has acquired a 70% stake in Frontline Systems Australia Pty Ltd, an IT business employing 200+ people headquartered in Sydney.
Frontline is forecasting sales revenue of $277 million this financial year to June. The company has data centres, warehousing and sales operations in Brisbane, Sydney, Canberra, Melbourne, Adelaide and Singapore.
The Thomsons Lawyers’ team was led by Partner Dan Kramer.
“We worked across various disciplines within the firm, including tax, property and employment to support this complex transaction,” Mr Kramer said.
About NTT Communications Corporation
NTT Communications provides a broad range of global networks, management solutions and ICT services to customers worldwide. The company is renowned for reliable, high-quality security, hosting, voice, data and IP services, as well as expertise in managed networks and leadership in IPv6 transit technology. NTT Communications’ extensive infrastructure includes Arcstar™ Global IP-VPN and Global e-VLAN, as well as a Tier-1 IP backbone reaching more than 150 countries in partnership with major Internet service providers, and secure data centers in Asia, North America and Europe. NTT Communications is the wholly-owned subsidiary of Nippon Telegraph and Telephone Corporation, one of the world’s largest telecoms with listings on the Tokyo, London and New York stock exchanges. Please visit www.ntt.com/index-e.html.
About Frontline Systems Australia
Established in 1993, Frontline Systems is a privately held IT business headquartered in Sydney Australia with 200+ employees. Frontline is built around the provisioning of Managed Services, Professional Services and Enabling Infrastructure to its large client base in Australia and Singapore. Its clients include the very largest of Australian businesses from telecommunications, banking and government.
About Thomsons Lawyers
Thomsons Lawyers is an Australian Law firm. With offices in Sydney, Melbourne, Brisbane and Adelaide, and more than 400 partners, lawyers and staff, Thomsons offers a broad range of commercial law services. We operate four national divisions – Banking & Finance, Corporate, Dispute Resolution and Property.
Our firm has a rich history of providing legal services to clients for more than 125 years. We act for a diverse range of clients including some of Australia’s top 200 listed companies, government organisations and small emerging businesses.
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