GrowthOps Australia enters voluntary administration
GrowthOps Australia, the marketing and technology group formed through an eight-way merger in late 2017, has entered voluntary administration.
The company, which acquired several agencies including AJF Partnerships, 3wks, and Voodoo Creative, has appointed Katherine Sozou and Damien Pasfield of McGrathNicol as liquidators.
The company’s directors have decided to voluntarily wind up GrowthOps Services Pty Ltd, initiating a process to close the business and settle its debts. The Australian arm’s website is currently down, and 18 employees in the Brisbane office were let go without notice.
In its most recent filings, GrowthOps reported a 7.8% drop in revenue to $72.6 million for the…
