Mega Deals

Domain Holdings was acquired by CoStar Group

Announced: May 2025 Deal Value: $1.5B

Australia-based online property marketplace Domain Holdings was sold to USA-based real estate information firm CoStar Group for almost $1.5 billion at 7.5 times revenue to provide a more compelling user experience at a lower cost.

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Micromine was purchased by The Weir Group

Announced: February 2025 Deal Value: $824.5M

Australia-based mining software provider Micromine was acquired by The Weir Group, which is headquartered in United Kingdom, in February 2025 for $824.5M to enable smart, efficient and sustainable mining activities.

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Key Transactions

The Missing Link was bought by Infosys

Announced: May 2025 Deal Value: $61.5M

IT solutions provider The Missing Link, which is headquartered in Australia, was acquired by the global leader in digital services and consulting company Infosys for an undisclosed value to strengthen the acquirer’s cybersecurity capabilities.

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Comet Backup was pocketed by WebPros

Announced: June 2025

Data backup and disaster recovery solutions provider Comet Backup secured a growth investment by Swiss web operations software provider WebPros International. This acquisition will help businesses address their backup and storage needs with greater efficiency and reliability.

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Smartpay was bought by Shift4 Payments

Announced: June 2025 Deal Value: $174M

Payment processing services provider Smartpay, which is based in New Zealand, was acquired by secure payment processing solutions provider Shift4 Payments Inc. for about $174 million at 3 times revenue. This acquisition adds extensive distribution for Shift4’s point-of-sale and unified commerce solutions in Australia and New Zealand.

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Growth and Exit Consulting

If you are aiming to learn about the key deals and valuations for tech companies in Australia and New Zealand, then you’ve come to the right place. With our report, you’ll get valuable information that will inform the future of your company and educate yourself on the current trends in the market.