12 Acquisitions of Companies in Sydney

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Sydney. 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 12 acquisitions that took place in Sydney .

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:

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:

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:

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:

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:

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:

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:

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:

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: