Ironbridge to Privatise IT Financial Services Firm Bravura, at 48% > 3 month VWAP

28th June 2013. ASX-listed IT financial services firm Bravura (ASX:BVA) has announced the receipt of an indicative, non-binding, conditional proposal from its majority shareholder, private equity firm Ironbridge Capital to acquire all outstanding shares and options in the Company. Under the Scheme Proposal, Ironbridge has offered $0.28 cash per Bravura share less the amount of […]

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 […]

Telecom NZ acquires NZ cloud data centre and infrastructure services firm Revera for NZ$96.5m, est 6.43*2013 EBITDA

29th Apr 2013. Telecom Corp of New Zealand (NZE:TEL, “Telecom”) has announced it has signed a conditional agreement to acquire 100% of the ordinary shares of privately-owned New Zealand IT infrastructure and data centre company Revera Limited for NZ$96.5m, including debt. For the year ended 31 March 2013 Revera earned total revenues of approximately NZ$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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

ERP firm RIB Solutions acquires cloud construction software firm CADX/ProjectCentre for est A$17.4m

5th Oct 2012. Listed German construction industry ERP firm RIB AG (FRA:RSTA) has announced the acquisition of Sydney-based CADX Pty Ltd, producer of ProjectCentre, a cloud-based project collaboration solution for the construction industry. Under the agreement RIB Solutions (“RIB”) has acquired 75% of the company and as a 5 year option over the remaining 25%, […]

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 […]

UXC acquires SAP Netweaver consultancy firm Stream

21st Aug 2012. UXC Limited (ASX:UXC) has announced that Oxygen Business Solutions, its wholly owned SAP software and services integrator subsidiary, has completed an agreement to acquire 100% of the shares of Australian specialist SAP consulting firm, Stream Holdings Pty Ltd. Terms were not disclosed however UXC advised the consideration will be paid predominantly in […]

Hills Holdings Acquires IT Services and Distribution Firm Lan 1

14th Aug 2012. Diversified Australian company, Hills Holdings Limited (ASX: HIL) has announced it has reached agreement to buy Lan 1. Lan 1 is a leading solutions provider of IP Storage, IP Networking, IP Security and IP CCTV and Access Controls. Terms have not been disclosed. Lan 1 is expected to turnover in excess of […]

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 […]

IT Services firm RXP Acquires Stonewell Consulting for A$4.1m 2.5*Future PBT

2nd Jul 2012. Recently IPO’d IT Services firm RXP Services (ASX:RXP) has announced the acquisition of “startup” Melbourne IT Services firm Stonewell Consulting. At the same time it announced the acquisition of PL Consulting in Hong Kong. Both acquisitions are of early stage IT Services businesses and are based on a forward calculation of Profit […]