The recently-listed Swift Networks Group is sounding out investors for fresh funds, as it seeks an equity injection to pay for a pair of acquisitions.
It's understood Hartleys is in the market for Swift, seeking support for the company's acquisitions which would fast track its planned expansion into the aged care and life style resort segments of the market.
Swift delivers TV, WiFi, video on demand and telco services to accommodation providers, and has historically focused on mining clients and delivering entertainment to mining camps.
However, the company wants to expand into aged care and lifestyle resorts, and has been talking brokers and fund managers through its plans for two acquisitions.
The company's shares are in a trading halt and an announcement is expected on Tuesday.
Swift Networks was backdoor listed earlier this year.
The recently-listed Swift Networks Group is sounding out...
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