40 Acquisitions of Companies in Australia

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Australia. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 40 acquisitions that took place in Australia .

BT Imaging acquired by Aurora Solar Technologies

Details about the transaction:

Acquisition amount:

$1,205,310

Announcement:

5 July 2022

Details about the company:

A cleantech business called BT Imaging creates and develops luminescence-imaging technologies for the solar manufacturing sector.

Headquarter:

Surry Hills, New South Wales, Australia

Where to find them:

Industry:

Chemical, CleanTech, Manufacturing

Details about the buyer:

Production Measurement and Control systems are developed and marketed by Aurora Solar Technologies.

Headquarter:

North Vancouver, British Columbia, Canada

Where to find them:

GuildLink acquired by MedAdvisor

Details about the transaction:

Acquisition amount:

$6,348,254

Announcement:

26 July 2022

Details about the company:

Healthcare industry software solutions and professional programs are GuildLink's area of expertise.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Consulting, Health Care, Pharmaceutical, Professional Services, Software

Details about the buyer:

Through an app, MedAdvisor links customers with pharmacies to offer a variety of medications.

Headquarter:

Camberwell, Victoria, Australia

Where to find them:

Intrepid Geophysics acquired by SensOre

Details about the transaction:

Acquisition amount:

$3,397,000

Announcement:

5 July 2022

Details about the company:

Since 1992, Intrepid Geophysics has offered software and services for conceivable field geophysics applications.

Headquarter:

Brighton, Victoria, Australia

Where to find them:

Industry:

Information Technology, Mining, Software

Details about the buyer:

Global minerals are the focus of SensOre. It provides solutions to enhance business linkages, inquiries, and data analysis in the geosciences.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Kinetic Information Systems acquired by Castleton Technology plc

Details about the transaction:

Acquisition amount:

$2,290,488

Announcement:

4 December 2017

Details about the company:

Software solutions are provided to businesses by Kinetic Information Systems based on their specifications and demands.

Headquarter:

Wickham, Western Australia, Australia

Where to find them:

Industry:

Accounting, Business Intelligence, Enterprise Software, Information Technology, Software

Details about the buyer:

Castleton Technology plc offers consulting and software support services.

Headquarter:

Sutton Coldfield, Birmingham, United Kingdom

Where to find them:

Esavvy acquired by Empired

Details about the transaction:

Acquisition amount:

$2,051,946

Announcement:

19 May 2014

Details about the company:

Enterprise resource planning, customer relationship management, and content management are the main areas that Esavvy provides solutions and services for.

Headquarter:

North Sydney, New South Wales, Australia

Where to find them:

Industry:

Financial Services, Information Technology, Small and Medium Businesses, Social CRM

Details about the buyer:

Empired Ltd. is a national IT services provider listed on the ASX (ASX:EPD) with a wide variety of skills and expertise.

Headquarter:

Perth, Western Australia, Australia

Where to find them:

vivoPharm Pty Ltd acquired by Reaction Biology

Details about the transaction:

Acquisition amount:

$5,500,000

Announcement:

3 November 2022

Details about the company:

Preclinical services for the biotechnology and pharmaceutical sectors are provided by vivoPharm Pty Ltd.

Headquarter:

Bundoora, Victoria, Australia

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical

Details about the buyer:

Industry pioneer and inventor Reaction Biology is a leader in test services and protein manufacturing for early-stage drug development.

Headquarter:

Malvern, Pennsylvania, United States

Where to find them:

Infrastructure Capital Group (ICG) acquired by Foresight Group

Details about the transaction:

Acquisition amount:

$94,443,421

Announcement:

12 July 2022

Details about the company:

Infrastructure Capital Group (ICG) is a specialized infrastructure investment management established in Australia.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Consulting, Crowdfunding, Financial Services

Details about the buyer:

Infrastructure and private equity investment company Foresight handles money for corporate and individual customers.

Headquarter:

London, England, United Kingdom

Where to find them:

Yuruware acquired by Unitrends

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

2 June 2014

Details about the company:

Yuruware offers solutions for AWS disaster recovery and migration.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Cloud Computing, Homeland Security, Information Technology, Software

Details about the buyer:

For physical, virtual, and cloud systems, Unitrends offers data protection solutions such as backup, archiving, and disaster recovery.

Headquarter:

Burlington, Massachusetts, United States

Where to find them:

Acurus acquired by Superloop

Details about the transaction:

Acquisition amount:

$15,000,000

Announcement:

25 May 2022

Details about the company:

Acurus is a white label and technology consulting company situated in Melbourne.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Consulting, Information Services, Information Technology

Details about the buyer:

An innovative and independent provider of Dark Fiber infrastructure, Superloop Limited (ASX:SLC) specializes in planning and building.

Headquarter:

Brisbane, Queensland, Australia

Where to find them:

Connected Intelligence acquired by Hubify

Details about the transaction:

Acquisition amount:

$3,000,000

Announcement:

3 April 2022

Details about the company:

The top supplier of IT outsourcing and solutions in Australia is called Connected Intelligence.

Headquarter:

Baulkham Hills, New South Wales, Australia

Where to find them:

Industry:

Information Technology

Details about the buyer:

Telco and managed services are offered by Hubify.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Fair Go Finance acquired by MyBucks

Details about the transaction:

Acquisition amount:

$2,252,844

Announcement:

18 January 2017

Details about the company:

For regular Australians, Fair Go Finance offers online personal loans.

Headquarter:

Mandurama, New South Wales, Australia

Where to find them:

Industry:

Finance, Financial Exchanges, Financial Services, FinTech

Details about the buyer:

MyBucks is a business that uses technology to offer financial services and goods.

Headquarter:

Luxembourg, Luxembourg, Luxembourg

Where to find them:

Hachiko acquired by Gratifii

Details about the transaction:

Acquisition amount:

$3,590,000

Announcement:

10 August 2022

Details about the company:

Hachiko is a marketing and advertising firm that offers brand marketing, channel engagement, sales incentives, and rewards programs.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Advertising, Brand Marketing, Marketing

Details about the buyer:

A technology startup called Gratifii helps companies use loyalty and incentives programs to increase consumer engagement.

Headquarter:

Surry Hills, New South Wales, Australia

Where to find them:

Harradine & Associates acquired by Apiam Animal Health

Details about the transaction:

Acquisition amount:

$2,600,000

Announcement:

12 October 2022

Details about the company:

A companion animal clinic and a cattle clinic are run by Harradine and Associates (including equine facilities).

Headquarter:

Bunbury, Western Australia, Australia

Where to find them:

Industry:

Clinical Trials, Livestock

Details about the buyer:

a business that specializes on animal health.

Headquarter:

Bendigo, Victoria, Australia

Where to find them:

Infinity Plus Two acquired by 505 Games

Details about the transaction:

Acquisition amount:

$4,500,000

Announcement:

14 January 2021

Details about the company:

An online video game was made by Infinity Plus Two.

Headquarter:

South Melbourne, Victoria, Australia

Where to find them:

Industry:

PC Games, Video Games

Details about the buyer:

An international publisher of interactive video games, 505 Games creates games for several platforms.

Headquarter:

Calabasas, California, United States

Where to find them:

Leor acquired by G8 Education

Details about the transaction:

Acquisition amount:

$9,500,000

Announcement:

20 September 2021

Details about the company:

Leor offers kids in-home tutoring services.

Headquarter:

North Bridge, New South Wales, Australia

Where to find them:

Industry:

Children, Education

Details about the buyer:

Childcare facilities are owned and operated by G8 Education Limited in Australia and Singapore.

Headquarter:

Boondall, Queensland, Australia

Where to find them:

Moose Mobile acquired by Swoop Telecommunications

Details about the transaction:

Acquisition amount:

$24,000,000

Announcement:

5 July 2022

Details about the company:

A telecom firm called Moose Mobile offers SIM-only mobile phone plans.

Headquarter:

Brisbane, Queensland, Australia

Where to find them:

Industry:

Mobile Devices, Telecommunications, Wireless

Details about the buyer:

With a national and worldwide network, Swoop provides fixed wireless and wholesale network infrastructure carriers.

Headquarter:

South Melbourne, Victoria, Australia

Where to find them:

Paygroup acquired by Deel

Details about the transaction:

Acquisition amount:

$79,952,583

Announcement:

21 November 2022

Details about the company:

Paygroup is a supplier of cloud-based Human Capital Management (HCM) software and business process outsourcing (BPO) services.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Human Resources, Outsourcing, SaaS, Software

Details about the buyer:

Deel is a platform for payroll and compliance for foreign workers and contractors.

Headquarter:

San Francisco, California, United States

Where to find them:

PhoenixATS acquired by ReadyTech

Details about the transaction:

Acquisition amount:

$2,435,726

Announcement:

17 March 2022

Details about the company:

PhoenixHRIS is a provider of online software for HR administration and recruiting.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

CRM, Human Resources, Recruiting, Software

Details about the buyer:

Software-as-a-service and software solutions are offered by ReadyTech in the fields of employment and education.

Headquarter:

Pyrmont, New South Wales, Australia

Where to find them:

Voice Project acquired by Xref

Details about the transaction:

Acquisition amount:

$2,000,000

Announcement:

23 November 2022

Details about the company:

To assist businesses in obtaining feedback from both employees and clients, Voice Project offers surveys.

Headquarter:

Port Macquarie, New South Wales, Australia

Where to find them:

Industry:

Customer Service, Lead Management, Management Consulting, Training

Details about the buyer:

Through the use of a user-friendly, mobile-ready, fully reportable, cloud-based platform, Xref automates the candidate referencing process.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Air Affairs Australia acquired by QinetiQ

Details about the transaction:

Acquisition amount:

$34,467,218

Announcement:

3 October 2022

Details about the company:

Specialized airborne services are offered by the aviation operation and engineering-based firm Air Affairs Australia.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Aerospace, Industrial Engineering, Technical Support

Details about the buyer:

International technology-based services and solutions for the defense, security, and associated areas are offered by QinetiQ.

Headquarter:

Cardigan, Ceredigion, United Kingdom

Where to find them:

Retail Express (Acquired by Maropost) acquired by Maropost

Details about the transaction:

Acquisition amount:

$40,006,497

Announcement:

18 January 2022

Details about the company:

The most popular cloud retail software is called Retail Express.

Headquarter:

Brisbane, Queensland, Australia

Where to find them:

Industry:

Consumer Electronics, Information Technology, Point of Sale, Retail, Retail Technology, Software

Details about the buyer:

Maropost offers on-demand platforms for infrastructure, e-commerce, and digital marketing.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Common Code acquired by Ackama

Details about the transaction:

Acquisition amount:

$1,805,670

Announcement:

17 November 2022

Details about the company:

A web application development company called Common Code provides digital and software services to businesses, municipalities, and other organizations.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Database, Software, Web Design, Web Development

Details about the buyer:

Ackama is a firm that develops custom online and mobile applications.

Headquarter:

Wellington, Wellington, New Zealand

Where to find them:

Country Care Group acquired by Next Capital

Details about the transaction:

Acquisition amount:

$51,063,591

Announcement:

20 December 2022

Details about the company:

A company that offers healthcare services is called Country Care Group.

Headquarter:

Mildura, Victoria, Australia

Where to find them:

Industry:

Health Care, Medical

Details about the buyer:

Independent private equity firm Next Capital provides buy-out financing for small- to medium-sized growing companies.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

eCreators acquired by Learning Technologies Group

Details about the transaction:

Acquisition amount:

$3,864,713

Announcement:

25 September 2020

Details about the company:

eCreators offers e-learning materials to a variety of clients.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

E-Learning, Software

Details about the buyer:

E-learning services are provided by Learning Technologies Group.

Headquarter:

Brighton, East Sussex, United Kingdom

Where to find them:

Excite IT acquired by CipherPoint

Details about the transaction:

Acquisition amount:

$3,250,000

Announcement:

28 July 2022

Details about the company:

Excite IT is a provider of cloud-based project management solutions in the information technology industry.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Information Technology, Project Management, Software

Details about the buyer:

Solutions from Cipherpoint assist organizations and authorities in locating, safeguarding, and restricting access to sensitive data.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Fetch TV acquired by Telstra

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

27 April 2022

Details about the company:

The newest movies, TV series, and live sports are available on the subscription-based television service provider Fetch TV.

Headquarter:

North Sydney, New South Wales, Australia

Where to find them:

Industry:

Digital Entertainment, Subscription Service, Telecommunications, TV

Details about the buyer:

A wide variety of communications services are provided by Telstra, an Australian provider of telecommunications and information services.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

HAYES Information Systems acquired by ANATAS

Details about the transaction:

Acquisition amount:

$8,500,000

Announcement:

10 May 2022

Details about the company:

Award-winning OpenText partner HAYES offers services for information management consulting and digital transformation.

Headquarter:

Perth, Western Australia, Australia

Where to find them:

Industry:

Consulting, Information Services

Details about the buyer:

The hybrid IT landscapes are modernized by ANATAS, an IT business that specializes in providing low-cost productivity integration solutions.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Horizons West acquired by Kelsian Group Limited

Details about the transaction:

Acquisition amount:

$30,141,866

Announcement:

28 October 2022

Details about the company:

Coach and bus services are provided by Horizons West.

Headquarter:

Welshpool, Victoria, Australia

Where to find them:

Industry:

Customer Service, Ticketing, Transportation

Details about the buyer:

Marine, tourist, and public transportation services are provided by Kelsian Group Limited.

Headquarter:

Adelaide, South Australia, Australia

Where to find them:

Oneflare acquired by Airtasker

Details about the transaction:

Acquisition amount:

$9,800,000

Announcement:

4 May 2022

Details about the company:

Oneflare is a brand-new web business that links clients with suppliers of home services.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Advertising, Consumer, Home Services, Local, Small and Medium Businesses

Details about the buyer:

A mobile and online marketplace called Airtasker links customers and vendors with individuals and organizations in the neighborhood.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Paxus Corporation acquired by Adcorp

Details about the transaction:

Acquisition amount:

$63,185,830

Announcement:

13 December 2012

Details about the company:

After combining with The Continuum Business in Texas in 1993, the Australian publicly traded IT company Paxus Corporation

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Human Resources, Information Technology, Staffing Agency

Details about the buyer:

A consulting firm is Adcorp.

Headquarter:

Bryanston, NA - South Africa, South Africa

Where to find them:

Premonition.io acquired by Shippit

Details about the transaction:

Acquisition amount:

$15,297,434

Announcement:

22 March 2022

Details about the company:

SaaS

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Information Technology, Logistics, SaaS, Software

Details about the buyer:

Connectivity across several carriers and carrier allocation are made simple with Shippit.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

PropTech Group acquired by MRI Software

Details about the transaction:

Acquisition amount:

$93,400,000

Announcement:

31 October 2022

Details about the company:

Independent and specialized real estate agents can use the technological solutions offered by PropTech Group.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Information Services, Information Technology

Details about the buyer:

Innovative real estate software programs and hosted solutions are offered by MRI Software.

Headquarter:

Solon, Ohio, United States

Where to find them:

Reckon acquired by The Access Group

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

19 May 2022

Details about the company:

Accounting software is provided by Reckon to accountants, bookkeepers, small and medium-sized enterprises, and individual consumers.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Accounting, Billing, Computer Vision, Finance, Information Technology, Personal Finance, Software

Details about the buyer:

Software development and consulting firm The Access Group offers completely integrated corporate management applications.

Headquarter:

London, England, United Kingdom

Where to find them:

Stomping Ground Brewing acquired by Good Drinks Australia

Details about the transaction:

Acquisition amount:

$7,000,000

Announcement:

23 August 2022

Details about the company:

Food and drinks are available from Stomping Ground Brewing.

Headquarter:

Collingwood, Victoria, Australia

Where to find them:

Industry:

Food and Beverage, Wine And Spirits

Details about the buyer:

Brewing is what Good Drinks Australia does for a living.

Headquarter:

Perth, Western Australia, Australia

Where to find them:

Synchronised Business Services acquired by WT Financial Group

Details about the transaction:

Acquisition amount:

$7,960,000

Announcement:

14 March 2022

Details about the company:

Financial advising services are offered in the areas of insurance, budgeting, asset allocation, and savings by Synchronised Business Services.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Advice, Financial Services, Insurance, Risk Management

Details about the buyer:

A diverse financial services company is WT Financial Group.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

The Network acquired by Insitec

Details about the transaction:

Acquisition amount:

$26,500,000

Announcement:

5 July 2022

Details about the company:

The Network is a forward-thinking IT recruiter that specializes in the digital, cloud, and other new technologies that are primed for development.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

IT Management, Recruiting

Details about the buyer:

Information management, business process automation, and related support services are all provided by Insitec.

Headquarter:

Canberra, Australian Capital Territory, Australia

Where to find them:

The Vet Practice acquired by Apiam Animal Health

Details about the transaction:

Acquisition amount:

$8,300,000

Announcement:

23 June 2022

Details about the company:

The Vet Practice is a full-service veterinary clinic and canine rehabilitation facility.

Headquarter:

Whittlesea, Victoria, Australia

Where to find them:

Industry:

Health Care, Pet, Service Industry, Veterinary

Details about the buyer:

a business that specializes on animal health.

Headquarter:

Bendigo, Victoria, Australia

Where to find them:

Transpire Technology acquired by CI&T

Details about the transaction:

Acquisition amount:

$16,425,986

Announcement:

16 August 2022

Details about the company:

Transpire Technology enables companies to enhance people's lives through valuable digital experiences.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Information Services, Information Technology

Details about the buyer:

A partner in end-to-end digital transformation, CI&T is a digital expert.

Headquarter:

Campinas, Goias, Brazil

Where to find them:

Wisenet acquired by Adapt IT

Details about the transaction:

Acquisition amount:

$2,163,720

Announcement:

9 January 2019

Details about the company:

Vocational training schools can use Wisenet's "software-as-a-service learning relationship management system."

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Information Technology, SaaS, Software

Details about the buyer:

Innovative ICT company Adapt IT Holdings Limited is situated in South Africa and listed on the Johannesburg Stock Exchange (JSE).

Headquarter:

Midrand, NA - South Africa, South Africa

Where to find them:

aCure Technology acquired by Amcom Telecommunications

Details about the transaction:

Acquisition amount:

$14,300,000

Announcement:

22 August 2013

Details about the company:

ACure Technology is a provider of data centers.

Headquarter:

East Perth, Western Australia, Australia

Where to find them:

Industry:

Information Technology

Details about the buyer:

Through the provision of creative, adaptable, and economical solutions as well as first-rate customer service

Headquarter:

Perth City, Western Australia, Australia

Where to find them: