STW Communications Acquires 4 Digital Marketing Companies for A$30.6m and 5*CY13 EBITDA

31st Oct 2012. Australia’s leading marketing services group, STW Communications Group Limited (ASX:SGN), has announced that it has agreed to acquire interests in four companies, comprising 75% of Markitforce, 80% of Maverick Marketing and Communications, 75% of Switched on Media and 40% of Amblique. Calendar year 2013, the acquisitions will contribute contribute $29.8m revenue and […]

SingTel / Optus Acquires Restaurant Review Website Eatability for A$6m

27th July 2012. Invoking many puns (including “swallows”), Singapore Telecommunications Limited (ASX:SGT) has announced that its Australian subsidiary Optus Mobile Pty Limited has entered into a conditional agreement to acquire 100% of the share capital of Eatability Pty Limited, a company incorporated in Australia, for an aggregate cash consideration of A$6 million. Eatability was launched […]

APN Acquires 82% Shopping Club brandsExclusive for up to A$66m, 7-8*CY13E EBITDA

21st June 2012. Australian/New Zealand Media firm APN News & Media (ASX, NZX: APN) today announced it has acquired a 82% stake in brandsExclusive for an up-front investment of $36m. An additional payment of up to $30m is contingent on achieving earnings targets for 2013. Taking into account the additional payment, the total investment will […]

Ozsale Acquires Flash Sale Shopping Club BuyInvite

4th June 2012. Member-only online shopping club Ozsale.com.au has announced the acquisition of flash sale competitor buyinvite.com.au, on undisclosed terms as it prepares for the next stage of growth across South East Asia. OzSale, now the APAC Sale Group, received A$14.5m from US investment firm Insight Ventures in August 2010 and acquired Buyinvite.com.au .  Insight Venture Partners is […]

iProperty Group Acquires vproperty in Macau for US$300k

8th May 2012. iProperty Group Ltd (ASX:IPP), owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), announced that it had agreed to acquire vproperty.com, the clear leader in the Macau for USD300Kin cash. The acquisition extends the reach of the Group in the region with the Macau based portal […]

Digital Media Firm Hyro To Sell Operations to Czech firm KIT Digital for A$17m

24th April 2012. Hyro Limited (HYO) has announced it has entered into a Security Purchase Agreement with KIT digital Inc for the Company to sell its Main Undertaking and Operations to KIT digital for the purchase price of AUD$17.2m in cash, or 2,079,972 NASDAQ listed ordinary shares in KIT digital (at the discretion of KIT […]

Apple buys Chomp for est. US$50m from Aussie Entrepreneurs

25th Feb 2012. Technology blog TechCrunch and Bloomberg have reported that Apple (NASDAQ:AAPL) has announced the acquisition of San Francisco-based Chomp, which helps users sort through the widening array of software applications for mobile devices, for an estimated US$50 million. Apple has confirmed the acquisition but not the price saying “we buy smaller technology companies […]

AVOS / De.licio.us Acquires Aussie Links site Trunk.ly

9th Nov 2011. AVOS, the company behind the September relaunch of the link-library site De.licio.us, and set up by YouTube founders Chad Hurley and Steve Chen after it was purchased by Google for $1.76 billion, has announced that it has acquired Australian links site Trunk.ly in order to beef up the renewed service. Terms have […]

Former UNSW Researcher Sells Social Analytics Firm Julpan to Twitter for est US$40m+

21st Sept 2011. Twitter has acquired Julpan, a social search company founded by former University of NSW researcher Ori Allon, who is credited with the creation of the Google Orion Search Engine. Terms of the deal were not disclosed, however the Sydney Morning Herald has reported Mr Allons’ UNSW PHd supervisor and a Julpan technical […]

MOKO.Mobi Acquires mbuzzy.com for 10% of its shares

27th July 2011. Perth-based mobile social media company MOKO.mobi (ASX:MKB) has reached an agreement with SendMe Inc. to acquire its U.S. mobile community mbuzzy.com. The acquisition is all stock with MOKO.mobi to issue Sendme Inc. with shares equivalent to 10% of the Company’s issued stock post the current rounds of placements to investors, plus 9 […]

News Limited To Acquire Parenting Website Kidspot for est A$45m, 15*2011 EBITDA

27th June 2011. The chairman and chief executive of News Limited, John Hartigan, today announced that the company has agreed to acquire Australia and New Zealand’s leading online parenting destination Kidspot and related companies. Whilst terms for the deal were not disclosed, widespread newspaper reports put the deal at A$45m or 15*2011 EBITDA. The deal […]

Centrebet accepts A$183m takeover offer from UK’s Sportingbet, at 13.2 times forecast FY11 EBITDA

30th May, 2011. Centrebet International Limited (ASX:CIL) has announced that it has entered into a Scheme Implementation Agreement with London-listed Sportingbet plc and Sbet Australia Pty Limited, a wholly-owned subsidiary of Sportingbet, under which it is proposed that Bidder will acquire all of the outstanding ordinary shares and performance rights in Centrebet under two separate […]

iSelect To Acquire Selection Business Infochoice For A$33.5m

16th May 2011. Infochoice (ASX:ICH) has announced that Australian comparison website company iSelect has moved to acquire Infochoice, BidMyLoan and OnceLife for A$33.5m through the acquisition of its 98.4% shareholder, Once Pty Ltd, a company associated with Singapore-based property developer YanLord. The deal is at a 70 per cent premium to the Infochoice market price, […]

Groupon Australia Acquires Crowdmass

9th May 2011. Stardeals, the recently formed Australian subsidiary of coupon giant Groupon, has acquired Crowdmass, a group buying site based in Melbourne, making this its first local acquisition. Terms have not been disclosed, although press speculation has put the deal at below A$1m. Groupon’s Australian CEO was described saying they paid only a “symbolic” […]

Electronic Arts Acquires Melbourne Games Firm Firemint

4th May 2011. Electronic Arts Inc. (NASDAQ:ERTS) today announced an agreement to acquire Firemint Pty Ltd., the leading independent mobile development studio. Based in Melbourne, Australia, Firemint brings a proven powerhouse of creative talent to EAi, with original hits Flight Control and Real Racing for iPhone® and iPad™, and an attractive future slate of games. […]

Telecom New Zealand sells its stake Yahoo!Xtra to Yahoo!7

15th April 2011. Telecom New Zealand, New Zealand’s major telecom operator, has sold its 49% stake in website Yahoo!Xtra to Yahoo!7. Telecom entered its joint venture agreement with Yahoo in 2007. Terms of the transaction were not disclosed, but Telecom NZ said the sale is “not material” and won’t result in a change of guidance. […]

HomeAway Inc. acquires Australia’s vacation rental brand of REA Group Ltd

10th April 2011. Austin, Texas-based HomeAway, Inc., the worldwide leader in online vacation rentals, has acquired realholidays.com.au, the Australian vacation rental brand of REA Group Limited. The acquisition of realholidays.com.au, which features 21,000 listings not only broadens HomeAway’s reach into the Australian market, but also marks its expansion from North America, South America and Europe […]

Motopia To Acquire Pro Fantasy Sports in $A1m All Stock Deal

8th April 2011. Mobile marketing firm Motopia Limited (MOT) has announced that it has entered into a Binding Heads of Agreement to acquire all the share capital in Pro Fantasy Sports Pty Ltd in consideration for the issue of 2 million Motopia shares at a premium rate of $0.50 per share to the existing PFS […]

Packers Ellerston Capital Acquires Minority Stake in DealsDirect.com.au for est A$10m

5th April 2011. Billionaire and casino operator James Packer has stepped into the online retailing space through an investment in DealsDirect.com.au. DealsDirect, which brands itself as an online department store, says that the stake taken by Ellerston Capital, owned by the Packer family’s Consolidate Press Holdings, was a “minority cornerstone investment”. The transaction, estimated by […]

Telstra Acquires Video Conferencing Firm iVision

4th April 2011. Telstra (ASX:TLS) today announced it had purchased video conferencing and unified communications company iVision, accelerating its growth in IP video services. The terms of the deal have not been disclosed. Video conferencing and collaboration is one of the fastest growing areas in the network application services market. The purchase of iVision will […]

MOKO Mobi To Acquire Business from US Firm CellFish Media in A$5.5m Share Swap

13th March 2011. MOKO.mobi Limited (ASX: MKB) has reached an agreement to acquire a United States based community business from mobile publishing company, Cellfish Media LLC. Cellfish will receive 27.5 million ordinary MKB shares at 20c per share, valuing the transaction at $5.5 million. Upon completion Cellfish will hold an approximate 17% interest in MKB […]

Spectrum Equity Investors Acquires 10.2% of iSelect for A$30.16 million

10th March 2011. In a deal that values iSelect at A$300m, US private equity firm Spectrum Equity Investors has acquired 10.2% of existing iSelect shares for A$30.16m. In 2010 iSelect had revenue of A$43 million and EBITDA of $9.3 million, pricing the investment at an effective 6.97 times sales and 32 times 2010 EBITDA. Whilst […]

Fairfax Acquires Holiday Booking Site Occupancy for A$29.1m and 9.1 x 2011 EBITDA

SYDNEY, 7 March, 2011: Fairfax Media Limited (ASX:FXJ) announced today the acquisition of online holiday rental and corporate accommodation business, Occupancy Pty Limited (Occupancy) for $A29.1million. Occupancy lists over 25,000 holiday rental properties through two consumer websites, Rentahome.com.au and Takeabreak.com.au, and generates revenues from booking commissions, paid by rental property owners, and advertising. The sites […]

Nine Entertainment Divests 49.1% of Carsales.com for A$575m

7th March 2011. Carsales.com (CRZ) has announced that a subsidiary of Nine Entertainment, owned by private equity firm CVC Asia Pacific, has sold its 49.1 per cent stake in carsales.com in a $4.92 a share in a deal underwritten by investment bank UBS totalling A$575m. The $4.92 a share sale, by ACP Magazines, was sold […]

Sensis Acquires Life Media Events / Quotify

10 Feb 2011. Australian Telecommunications giant Telstra (ASX:TLS) directories division Sensis has announced the acquisition of Life Events Media Pty Ltd (LEM), one of Australia’s largest providers of request for quote services. Financial terms have not been disclosed. LEM operates the online business ‘Quotify’, which has the exclusive licence to Quotify Technology Inc’s (QTi) merchant-matching […]

Inglis acquires Australia’s leading online horse trading website Bloodstock.com.au

7th Feb 2011. Family owned farm produce and lifestock firm Inglis has acquired Australia’s foremost thoroughbred classified website, Bloodstock.com.au. Launched in 2009, Bloodstock.com.au has attracted over 8,000 listings from agents, trainers, breeders and owners looking to trade horses in between auctions. The website currently has more than 2,000 listings, including large numbers of broodmares, tried […]

Yahoo!7 Acquires Group Buying Site Spreets for est A$40m

20th Jan 2011. Online media company Yahoo!7, a 50:50 partnership between Yahoo! Inc and Australian Seven Media Group today announced it has acquired leading Australian online Group Buying site, Spreets Pty Ltd. The financial terms of the acquisition were not disclosed however in an video interview with Mumbrella, founder Dean McEvoy stated the price to […]

MOKO.Mobi Acquires UK Mobile Video Community Service Eyevibe

18th Jan 2011. MOKO.mobi Limited (ASX:MKB) has announced that it has reached agreement with UK firm Yospace Technologies Limited for the acquisition of the UK based “EyeVibe” mobile video community service. EyeVibe is one of the leading UK mobile video community services, represented on all the major UK carrier networks. Financial terms were not disclosed, […]