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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Canada’s Enghouse Acquires Kiwi Unified Comms Firm Zeacom for US$30.6m, 1*TTR

31 May 2012. Enghouse Systems Limited (TSX:ESL) announced today that it has acquired Zeacom Group Limited for a purchase price of US$30.6m, subject to price adjustments. Zeacom’s annual revenues for fiscal 2012 were approximately US$29 million, indicating a price of approvimately 1 times 12 months trailing revenue (TTR). The acquisition provides a liquidity event for […]

Redflex Traffic Systems Acquires SBL Investments/SmartBus for A$4.5m Plus

22nd May 2012. Redflex Traffic Systems Inc (ASX:RDF) has announced the acqusition of US-based SBL Investments, LLC and Americore Enterprises, LLC, leading providers of automated school bus arm photo enforcement in the United States. The transaction is valued at $4.5 million initially, with further payments over 4 years subject to meeting financial performance measures. This […]

Energy One Acquires Energy Bidding Company HARD Software

3rd May 2012. Energy One (ASX:EOL) has announced that it has acquired the assets, business and existing customers of energy bidding software company HARD Software Pty Ltd, including the Web Offer System (WOS) software and intellectual property. The WOS system is Australia’s leading energy bidding software platform, enabling the bidding of multi-billion dollar electricity transactions […]

Wipro to Acquire Newcastle-based Analytics Firm Promax for A$35m, est 10*EBIT

30th April 2012. Wipro Limited (NYSE:WIT) today announced that it has signed an agreement to acquire Promax Applications Group (PAG), a leading player in trade promotion planning, management, and optimization solutions for A$35 million in cash, to help the software exporter tap the market for analyzing customer data as it looks to drive growth at […]

US HR Cloud Firm Cornerstone OnDemand Acquires NZ-based Sonar Limited for US$14m

8th March 2012. Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management solutions, has announced that it has entered into an agreement to acquire privately held Sonar Limited (“Sonar6”). Based in Auckland, New Zealand, Sonar6 is a leading provider of cloud-based talent management solutions serving small businesses globally. Cornerstone will pay approximately $13 million […]

James Packer’s Ellerston Capital Invests A$5m into Freight Aggregator Temando

14th Feb 2012. Brisbane-based Freight aggregator Temando, has secured a A$5m investment from James Packer’s investment fund, Ellerston Capital. Terms have not been disclosed. Temando is forecast to be profitable this year and the fund injection from Ellerston will give it additional capital to expand. “The recent investment by Ellerston Capital in Temando gives us […]

Deloitte Australia Acquires SAP Business Intelligence Services Firm Logro

30th Jan 2012. In response to the increased demand for SAP business intelligence design and implementation services, Deloitte Consulting has announced the joined by the team from the well regarded SAP BI services firm, Logro. Terms were not disclosed. Five full time people will join Deloitte Consulting in Melbourne as well as three casual project […]

iiNet Acquires Rival ISP Internode in a A$105m Deal, 4.2 times FY12 EBITDA

22nd Dec 2011. Leading Australian ISP iiNet Limited (ASX: IIN) has entered into binding documentation to acquire Internode Pty Ltd (Internode) and associated companies, Australia’s largest privately owned broadband services company, for $105 million. Based in South Australia, Internode has approximately 260,000 active Internet and phone services, including approximately 190,000 broadband subscribers. The acquisition, which […]

Infosys BPO Acquires Australian Sourcing Consultants Portland Group for $A37m, 5.7 times EBITDA

20th Dec 2011. Infosys BPO Limited, the business process outsourcing subsidiary of Infosys Limited (NASDAQ: INFY), today announced the signing of a definitive agreement to acquire all of the outstanding share capital in Australia-based Portland Group Pty Ltd, a leading provider of strategic sourcing and category management services. The purchase consideration for the deal is […]

FlexiGroup Acquires Paymates Assets in Australia, NZ and Asia for est A$5m

6 Dec 2011. Leasing and payments group FlexiGroup (ASX:FXL) has announced an agreement with ACT Merchant Services to acquire the business of Paymate Pty Limited (“Paymate”). Under the agreement, FlexiGroup will acquire the assets of the Australian, New Zealand and Asian business for an undisclosed sum that will be funded from existing cash reserves and […]

PWC Acquires SAP Business Intelligence Services Firm Avantis

29th Nov 2011. PwC has announced today it will further expand its SAP consulting practice with the acquisition of Sydney-based Business Intelligence market leader, Avantis. Terms have not been disclosed. iTnews reported PWC as saying “When it gets down to SAP, [PwC’s] current skill set is predominately around Business Warehouse with some Business Objects expertise. […]

iiNet Acquires ACTs Transact for A$60m, 3.53 times EBITDA

21st Nov 2011. Leading Australian ISP iiNet Limited (ASX:IIN) has announced that it has entered into a binding agreement to acquire TransACT Communications Pty Ltd, a leading Canberra‐based telecommunications company, for $60 million. The transaction consists of 100% cash and is debt‐funded. Completion is subject to a number of procedural conditions and is expected to be […]

1300 RECORD Receives A$1.5 million Funding From Innovation Capital

17th Nov 2011. Innovation Capital has announced it has invested a $1.5mn first funding tranche into 1300 RECORD Pty Ltd to fund the establishment of new distribution channels to market the growing Australian-owned cloud communications company. 1300 RECORD gives business the ability to record important phone calls – incoming and outgoing – from any phone, […]

Starfish invests A$3m in Graphic Design Marketplace DesignCrowd

3rd Nov 2011. Sydney-based graphic design crowdsourcing marketplace DesignCrowd has received a A$3M investment from leading Australian venture capital firm Starfish Ventures. DesignCrowd.com is an online marketplace that helps businesses around the world outsource or “crowdsource” creative projects. It was founded in 2007 by Alec Lynch at the age of 23 from his “mother‟s dining […]

UXC Completes A$61m Sale of Field Solutions Group To Utility Services Group

8th Sept 2011. IT services company UXC Limited (ASX:UXC) has completed the divestment of its Field Solutions Group to Utility Services Group Limited for $61 million on a debt free, agreed cash basis. Simultaneously, UXC has announced FY11 results for its ongoing IT Services business; with IT revenue growing by 11% to $522 million, and […]