Former Smart50 finalist Ventis HQ is for sale, after the business was placed in voluntary administration on Christmas Eve.
Ventis HQ was founded in 2010 and specialises in the sale, manufacture and installation of environmentally friendly home ventilation systems.
In 2014, the company was ranked 11th in SmartCompanys annual Smart50 Awards, with revenue of $17.7 million in the 2013-14 financial year and an average growth rate over three years of 136.52%.
At the time, Ventis HQ operated a network of eight franchises, four of which were company-owned, and employed approximately 80 staff.
Ventis HQ was placed in voluntary administration on December 24, 2015, with Bradd Morelli and Trent Devine of Jirsch Sutherland were appointed to man…
Read the full article at: http://www.smartcompany.com.au/finance/49485-former-smart50-finalist-ventis-hq-collapses-into-voluntary-administration.html