PSG Holdings

Troy Rugless

Category: Indigenous in Business

Troy Rugless and Shane Jacobs are Wiradjuri cousins born two days apart and raised like brothers. Their family story vividly encapsulates the pain and struggle typically found at the heart of the Stolen Generation era. Growing up in a family of mixed race and backgrounds wasn’t always easy, however, Troy realized the importance of family and treating those around them right. In 2011, Troy established what is today called PSG Holdings with his cousin Shane, a construction and cleaning services delivery business which aims to ‘Achieve Reconciliation Through Business’. In eight years the company has grown to become one of the largest Indigenous-owned businesses in Australia, employing 160 people and an annual turnover of approximately $60 million. With its sights set on international expansion and floating on the ASX, the future looks bright for PSG.

“Being nominated as a finalist in the 2019 Ethnic Business Awards celebrates our successes in building a company which is rich in diversity. Our vision at PSG Holdings is to achieve reconciliation through business, a very practical concept of working together to find opportunities for Indigenous Economic advancement. The vast array of businesses represented at the 2019 Ethnic Business Awards demonstrates the contribution of many businesses in developing and growing the Australian economy. Together, we can make a difference. Good luck to all the finalists, may you and your companies continue to prosper.”

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