Australia-based integrated parking, enforcement, and compliance technology provider Orikan was acquired by Sweden-based private equity firm EQT for $329 million. The acquisition will support Orikan’s continued product innovation, AI and data capabilities, customer service, and international expansion.
Massachusetts-based mobile device security specialist Aura agreed to acquire Qoria, an Australia-based provider of AI-driven student cyber safety and wellbeing software, for $682 million at 9.2x EV/S, creating a global digital safety platform serving families and schools worldwide.
US-based public sector software provider Tyler Technologies acquired Australia-headquartered For The Record for $213 million, strengthening its courts and justice portfolio with digital recording and transcription capabilities.
New Zealand-based digital human workforce software provider Soul Machines was acquired by US-based cloud commerce platform AppDirect for an undisclosed amount. The acquisition strengthens AppDirect’s AI capabilities with interactive avatars that help businesses improve customer engagement and employee support.
Australia-based AI-powered workflow automation software provider Paradino was acquired by Australia-based investment management and wealth planning solutions expert Netwealth Group for $14.3 million at 13.3 times EV/S. The acquisition expands Netwealth’s adviser support beyond platform administration through integrated advice documentation and servicing workflows.
French payment services provider Worldline divested its 51% stake in Worldline Australia to Australia-based ANZ Group Holdings for $122 million. The acquisition reinforces ANZ’s merchant payments capabilities and expands its control over payment acceptance services for businesses across Australia.
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.