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 […]

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 […]

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 […]

Defence Contractor Northrop Grumman Acquires Canberra SME M5 Network Security

7th June 2012. US Defence contractor Northrop Grumman Corporation (NYSE:NOC) has announced that it has signed a definitive agreement to acquire privately held M5 Network Security Pty Ltd, a Canberra, Australia-based provider of cybersecurity and secure mobile communications products and services, and advanced analytics to Australian military and intelligence organizations. The acquisition is subject to […]

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 […]

M2 Telecommunications Acquires Primus Australia for A$192m 4.8*CY11 EBITDA

16th April 2012. – Primus Telecommunications Group (NYSE: PTGI), a global facilities-based integrated provider of advanced telecommunications products and services, announced today that it has entered into a definitive agreement to sell its Australian operations to ASX listed M2 Telecommunications Group (ASX: MTU) for approximately $A192.4m, or approximately $US 200m, on a debt-free basis and […]

Lexmark Acquires Australian-borne Search Firm ISYS Software

19th March 2012. Sydney-borne ISYS Search Software, a global leader in embedded search and universal information access solutions, today announced its acquisition by Lexmark International, Inc. (NYSE: LXK). Terms have not been disclosed. Established in Sydney in 1988 by Ian Davies, ISYS previously marketed and sold enterprise search applications. Davies developed prototype text retrieval software […]

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 […]

Atlassian Acquires HipChat, Group Chat and Collaboration Service

7th March 2012. Sydney-based Atlassian Software, a leading provider of collaboration software for product teams, today announced it has acquired San Francisco-based HipChat, a hosted private chat service for companies and teams. HipChat has more than 1,200 customers including Groupon, HubSpot and WIRED. Atlassian will incorporate HipChat into its growing portfolio of software that helps […]

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 […]

GlobalOne (Cloud Sherpas) acquires Australian Salesforce consulting firm Weblinc

24th Jan 2012. GlobalOne, a New York-based leader in Software as a Service (SaaS), social collaboration and cloud computing professional services for the enterprise, announced today the acquisition of Weblinc, one of Australia’s most innovative providers of cloud computing applications. Terms have not been disclosed. Weblinc, a salesforce.com premier consulting partner, brings GlobalOne strategy and […]

Constellation Software’s Friedman Corp Acquires Australian ERP Firm Markinson

14th Dec 2011. Friedman Corporation, a wholly-owned subsidiary of Constellation Software, Inc. (“Constellation”, TSX: CSU) announces that it has acquired Brisbane-based Markinson Technologies Pty Ltd. Terms for the acquisition have not been disclosed. Constellation is a very successful, serial acquirer of vertical market software firms such as Markinson, and the acquisition is its most signifiacnt […]

Jacobs Engineering Acquires Australian IT Services Firm Uniqueworld

2nd Dec 2011. Jacobs Engineering Group Inc. (NYSE: JEC) has announced the acquisition of UniqueWorld, an Australian IT services company head officed in Sydney, by its Australian subsidiary, Jacobs Australia Pty Ltd. In a simultaneous announcement, Uniqueworld shareholder ASX listed Tag Pacific (ASX:TAG) announced that Uniqueworld management had completed a buyout of Uniqueworld’s RecordPoint software […]

Canada’s TMX Group to Acquire Razor Risk for A$10m, 1x Revenue

30th Nov 2011. Toronto stock exchange listed TMX Group Inc (TSX:X), the owner of the Toronto Stock Exchange, has announced a takeover bid for ASX-listed financial services risk software firm Razor Risk Technologies Ltd (ASX:RZR). The takeover has the support of Razor’s board and the two companies have entered into a Takeover Bid Implementation Agreement […]

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 […]

Sydney Data Modelling Firm Kaggle Raises US$11m in High Profile Series A Finance Round

5th Nov 2011. Kaggle, a platform for predictive data modeling competitions, has raised $11 million in Series A financing led by Index Ventures and Khosla Ventures. SV Angel, Yuri Milner’s Start Fund, Stanford Management Company, which invests and manages Stanford University’s endowment and other financial assets, PayPal Founder Max Levchin; Google Chief Economist Hal Varian; […]

Bain Capital Acquires MYOB for Approx A$1.2bn and 11.5 times EBITDA

21st Aug 2011. Bain Capital announced today that it has signed a definitive agreement to acquire MYOB Ltd, Australia’s largest independent software vendor, from a consortium led by Archer Capital that also included international investment firm HarbourVest Partners. Whilst financial terms of the transaction are confidential and have not been disclosed, press speculation puts the […]

CSC Finalises $480m iSOFT Acquisition

1st August 2011. CSC (NYSE: CSC) today announced it has closed the acquisition of iSOFT Group Limited (ASX: ISF), one of the world’s largest providers of advanced healthcare IT solutions. The offer to iSOFT shareholders announced in April 2011, was at A$0.17 per share in cash. The deal implies an enterprise value of about $480m. […]

BigCommerce Closes US$15m Series A Investment from General Catalyst Partners

1st Aug 2011. Sydney-based BigCommerce, the fastest growing e-commerce platform in the world with almost 20,000 clients, today announced the closing of a US$15 Million Series A investment from General Catalyst Partners. In addition, Larry Bohn, managing director at General Catalyst, has joined the BigCommerce board. The funds will be used to rapidly expand the […]

Paymate Acquires US Payments Firm ACT Merchant Services

16 May 2011. Silicon valley based “Australian” payments innovator Paymate has acquired Massachusetts-based ACT Merchant Services, adding mobile payment services to allow merchants to accept payment via smart phones and other mobile devices. Terms have not been disclosed. In addition, Paymate will add

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 […]

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” […]

Redflex Shareholders Reject Revised A$300m Bid From Macquarie and Carlyle

9th May 2011. At a Scheme Meeting of Redflex Holdings Limited (“Redflex”, ASX:RDF), held in Melbourne today, Redflex’s shareholders voted against the scheme of arrangement announced to ASX on 21 February 2011 under which an entity associated with The Carlyle Group and Macquarie Group Limited (“RoadSafety Holdings”) proposed to acquire all of the issued ordinary […]

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. […]

Accel Partners Leads $35m Investment in 99designs to Drive Global Expansion

28th April 2011. Melbourne and San Francisco- based 99designs, the largest online marketplace for crowdsourced graphic design services, announced a $35 million first-round investment led by Accel Partners, with participation from angel investors Michael Dearing (eBay, Harrison Metal), Dave Goldberg (Survey Monkey), Stewart Butterfield (Flickr, Tiny Speck), and Anthony Casalena (Squarespace). Andrew Braccia and Ryan […]