ABB Acquires Mincom from Francisco Partners for Undisclosed Sum

9th May 2011. Zurich, Switzerland, ABB (NYSE:ABB), the global power and automation technology group, has agreed to acquire Mincom to broaden its software portfolio and establish the Group as a leader in enterprise asset management (EAM) software and services. ABB is acquiring the Brisbane, Australia-based company from Francisco Partners, a private equity group that invests […]

Aconex secures A$107.5 million from VC Francisco Partners

22nd Sept 2008. Aconex has secured a AU$107.5 million (US$85 million) funding deal from leading US-based technology investor Francisco Partners. The investment represents one of the largest private equity capital raisings by an Australian technology company. It is Francisco Partners second large scale investment in Australia, following its $315m acquisition of Mincom announced in January 2007. […]

Francisco Partners to acquire Mincom for A$315m

18th Jan 2007. Mincom Limited, a global software and services provider to asset intensive industries, and Francisco Partners, a leading global technology-focused private equity firm, today announced that they had entered into an Implementation Agreement under which Mincom, subject to customary closing conditions, will be acquired by Francisco Partners in an all cash transaction valued at […]

MYOB to Absorb Solution 6 in A$230m deal

29th March 2004. Accounting software vendor, MYOB, has swallowed up the accounting, compliance and training divisions of fellow ASX-listed software vendor Solution 6, in a deal worth more than $230 million. The combination of the two businesses was the original rationale behind MYOB’s acquisition of 12.6 per cent stake in Solution 6 in June 2003, […]