MYOB acquires bank transaction business BankLink for NZ$136m (A$114m)

14th May 2013. MYOB Holdings Pty Limited (“MYOB”), today announced that one of its subsidiaries has signed an agreement to purchase bank transaction data firm BankLink from Media Transfer Services Limited (MTS). BankLink automates and streamlines the accounting process for over 4,500 accounting practices and 320,000 small business clients across New Zealand, Australia, and the […]

Dimension Data acquires Sydney managed IT security services firm Earthwave

10th May 2013. NTT subsidiary Dimension Data today announced that it is has fully acquired Earthwave Corporation Pty Limited (‘earthwave’), a privately owned Australian Managed Security Services Provider (MSSP). The value of the acquisition has not been disclosed but has been described as in the “tens of millions”. The acquisition is in line with South […]

Woolworths Limited acquires a non-controlling 50% interest in Sydney customer data analytics firm Quantium for A$20m

1st May 2013. After 12 months of negotiations, Australian supermarket giant Woolworths Limited (ASX:WOW) has acquired a 50% non-controlling stake in Sydney-based customer data analytics firm Quantium, for an estimated A$20m, with Quantium also gaining access to Woolworth’s de-identified customer data and providing insights to the retailer’s suppliers. The deal is a further development of the […]

Grays Online acquires online retailer for scale and to reach A$350m in sales

30th April 2013. Grays Australia has acquired the retail website from Johannesburg, South Africa-listed Nu-World Holdings (JSE:NWU) and also and its current and former staff. Terms have not been disclosed. The scale of the company will allow Grays to continue to offer the best value to Australian and New Zealand customers. By adding A$50m […]

TA Associates and Updata Partners To Acquire Melbourne Workflow Firm Nintex for US$220m, 14*2012 EBITDA

28th March 2013. Melbourne-based Micorosft Sharepoint value added solutions provider Nintex has announced it has received an offer for the business from two leading US private equity firms, TA Associates, a leading global growth private equity firm, and Updata Partners, a leading technology-focused growth equity firm. This follows an investment by Macquarie Capital in October […]

JB Hi-Fi acquires 51% of IT services firm Network Neighborhood

28th Feb 2013. Leading electronics and whitegoods discount retailer JB Hi-Fi (ASX:JBH) has announced the acquisition of a 51% majority shareholding in Network Neighborhood (“NN”), an education and corporate IT services business, with an option to acquire the remaining shares in 2014. Terms have not been disclosed. Network Neighborhood was founded in Melbourne in 1999 […]

Datasquirt Relists on the NSX as Enprise Group in A$1.74m IPO

1st Feb 2013. Former ASX-listed New Zealand company Datasquirt has relisted on Australia’s “second board”, the NSX, in a $1.74m IPO, named Enprise Group (NSX:ENS). This follows: the sale of Datasquirts business interests to American call centre provider LiveOps in Novermber 2011 for A$12.5m A distribution to Datasquirts shareholders of A$10m The delisting of Datasquirt from […]

Industrial distributor The Coventry Group Acquires WA-based IT services firm Multipro IT

1st Feb 2013. Western Australia-based industrial distribution group The Coventry Group Limited (ASX:CGL) has announced the acquisition of IT services firm Multiprogramming Pty Ltd (Multipro IT) for cash on an asset purchase basis through its IT services subsidiary Managed System Services (MSS). Terms have not been disclosed. West Perth based Multipro IT provides IT managed […]

Hexagon AB Acquires Melbourne engineering software firm Listech

28th Jan 2013. Hexagon AB (NASDAQ OMX, Stockholm: HEXA B), a leading global provider of design, measurement and visualization solutions, has acquired Melbourne-based Listech, a software development company focussed on the efficiency, accuracy and productivity of professional surveyors and engineers. The transaction is not material to Hexagon and terms have not been disclosed. Founded in […]

Experian acquires PMP’s analytics arm Pacific Micromarketing for A$6.2m

18th Jan 2013. Global information services company Experian (LON:EXPN) has announced the acquisition of Pacific Micromarketing, the analytics arm of Australian publisher PMP for $US6.5m (A$6.17m). Pacific Micromarketing is a leading consumer data and analytics business operating in Australia and New Zealand. Founded 15 years ago it employs 27 people with offices in Melbourne, Sydney, […]

Euronet acquires Sydney multi-currency payments firm Pure Commerce

8th Jan 2013. Euronet Worldwide, Inc. (Nasdaq:EEFT), a leading global electronic payments provider and distributor, today announced the acquisition of Pure Commerce, a fast-growing provider of cloud-based financial and payment solutions to banks, acquirers and global retailers around the world. Terms have not been disclosed. Pure Commerce is head quartered in Sydney, Australia, and provides […]

RXP Services Acquires Information Management Firm Zenith Solutions for $A6.4m

8th Jan 2013. Listed IT Services firm RXP Services Limited (ASX:RXP) has announced that it has entered into a binding agreement to acquire information management company Zenith Solutions Pty Ltd for a total consideration of A$6.4m. The consideration consists of $2m cash, $3m in shares (at .534 cents a share, the weighted average for the […]

Hansen Corporation acquires Pay TV billing assets of Naspers Irdeto business

3rd Jan 2013. Hansen Technologies Limited (ASX: HSN) has announced the acquisition of the Pay TV billing and customer care product line of Irdeto Inc, with effect from 1 January 2013. Terms have not been disclosed. Irdeto Inc, a leader in content security, management and delivery for pay media companies , is a wholly owned […]

UXC Eclipse acquires US Microsoft Dynamics services firm Cole Systems Inc

17th Dec 2012. IT services firm UXC Limited (ASX:UXC) has announced that its wholly owned subsidiary, UXC Eclipse Intelligent Solutions (USA) Inc. (part of the UXC Eclipse group) has finalised the acquisition of the shares of Cole Systems Associates, Inc. (Cole Systems). Terms have not been disclosed. With over 30 full time employees based in […]

NTT DATA Acquires Sydney SAP BI Firm Innogence for est. A$26m

12th Dec 2012. Tokyo-listed NTT Data Corp has announced the acquisition of Sydney-based SAP Business Intelligence services firm Innogence, through its SAP services subsidiary NTT DATA Business Solutions APAC, creating the largest SAP Business Analytics and SAP Database and Technology practice in Asia Pacific. The acquisition is believed to be mainly a cash transaction in […]

Longreach sells defence technology subsidiary C4i to ITT Exelis for $A18.3m, 2*TTM Revenue

10th Dec 2012. LongReach Group (ASX:LRG) has announced that it has entered into a share purchase agreement to sell its principle business, defence technology firm C4i Pty Limited, to multinational defence supplier ITT Exelis (NYSE:XLS) for A$18.3m, a price substantially more than the market capitalisation of Longreach. C4i is a wholly owned subsidiary of Longreach and […]

RXP Services Acquires NSI Technology for A$6.42m

20th Nov 2012. RXP Services (ASX: RXP) has announced the acquisition of information technology service provider NSI Technology Pty Ltd for a total consideration of A$6.42m. Founded in 1999, NSI has provided technology services in Australia, South Africa, the Middle East and the UK, assisting SME and enterprise organisations by supplying experienced technology consultants, infrastructure experts, […]

Qanda Technology Sells WebSpy to Fastvue Inc for A$1m+ to Focus on Marketboomer

12th November 2012. Qanda Technology Limited (ASX:QNA) has announced that it has entered into a binding share sale agreement to divest its 100% interest in the WebSpy business unit to Fastvue Inc, a software development company headquartered in Cupertino, California USA (incorporated in Delaware), and specializing in the development of real-time monitoring and reporting software […]

News Corp Divests Online Training Company Learning Seat to Private Equity Backed Management Buyout

7th Nov 2012. Melbourne-based e-Learning company Learning Seat has been acquired by a private equity backed management buyout brokered by advisory firm Wingate Group. The transaction terms have not being disclosed. With offices in Melbourne, Sydney, Brisbane and Adelaide, Learning Seat is a Melbourne-based supplier of web-based learning programs for Australian corporations, government groups, industry […]

Imdex Acquires Mining Technology Firm ioGlobal for A$8m and 4*FY13 EBIT

19th Oct 2012. WA-based mining services and drilling firm Imdex Limited (ASX:IMD) has announced the acquisition of specialist mining cloud-based data management company ioGlobal for A$8m. The consideration for the acquisition will be satisfied by payment of A$4.8 million in cash and A$3.2 million in Imdex shares at an issue price equal to the volume-weighted […]

DWS Acquires the Assets of Canberra-based Apt Business Solutions for A$5.7m

14th Sept 2012. IT Services firm DWS Ltd (ASX:DWS) has announced that it has signed an Asset Purchase Agreement to acquire the business assets of Canberra based Apt Business Solutions Pty Ltd (Apt) for A$5.7 million. DWS advises the acquisition to be EPS accretive at completion. The completion of this transaction is subject to some […]

UXC Acquires Oracle Applications Integrator Tripoint

5th Sept 2012. UXC Limited (ASX:UXC) is pleased to announce that its wholly owned subsidiary Red Rock Consulting Pty Ltd has finalised the completion of the acquisition of the business of Oracle integrator Tripoint Online Pty Ltd, including 50 staff, cementing Red Rock as one of the leading local managed service providers covering the Oracle […]

Schneider Electric Acquires SolveIT Software

3rd Sept 2012. Schneider Electric (SU:EN Paris), a French global specialist in energy management, has signed an agreement to acquire SolveIT Software (SolveIT), an Adelaide -headquartered scientific software provider specialising in supply & demand chain optimisation and predictive modelling. Terms for the acquisition have not been disclosed. SolveIT employs approximately 150 people. Its applications are […]

Fujifilm to Acquire Salmat’s BPO Business for A375m, 7.6 * underlying EBITDA

27th Aug 2012. Tokyo’s Fujifilm Holdings Corporation has announced that it signed a definitive agreement with Australia’s Salmat Limited (ASX:SLM) to acquire Salmat’s Business Process Outsourcing (BPO) division. The acquisition, worth A$375 million, covers all the shares of Salmat’s wholly-owned subsidiary Salmat Document Management Solutions (SDMS), SDMS’s 11 subsidiaries, as well as Salmat Asia Limited (SAL), SDMS’s […]