M&A Deal Summary

DXC Technology Acquires iSOFT Group

On July 14, 2011, DXC Technology acquired software company iSOFT Group from Oceania Capital for 188M USD

Acquisition Highlights
  • This is DXC Technology’s 3rd transaction in the Software sector.
  • This is DXC Technology’s 7th largest (disclosed) transaction.
  • This is DXC Technology’s 1st transaction in Australia.

M&A Deal Summary

Date 2011-07-14
Target iSOFT Group
Sector Software
Buyer(s) DXC Technology
Sellers(s) Oceania Capital
Deal Type Add-on Acquisition
Deal Value 188M USD

Target

iSOFT Group

Sydney, Australia
website
iSOFT Group Limited (iSOFT) is a leading developer of software applications for healthcare, and the largest specialist information company listed on the ASX. The company designs, develops and delivers fully integrated healthcare IT solutions which support workflows across hospitals, GPs, specialists, aged and community care providers, the primary care sector as well as claims and payments processes.

Search 191,421 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

DXC Technology

Ashburn, Virginia, United States

website


Category Company
Sector Information Technology
Employees130,000
Revenue 16.3B USD (2022)
DESCRIPTION

DXC Technology is an end-to-end IT services company, serving nearly 6,000 private and public sector clients from a diverse array of industries across 70 countries. The company's technology independence, global talent and extensive partner network help clients harness the power of innovation to thrive on change and guide their digital transformation journeys.


DEAL STATS #
Overall 14 of 44
Sector (Software) 3 of 6
Type (Add-on Acquisition) 13 of 41
Country (Australia) 1 of 6
Year (2011) 3 of 6
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-06 VIXIA Consultoria e Tecnologia

Jardim Paulista, Brazil

VIXIA Consultoria e Tecnologia Ltda., a São Paulo-based IT services firm focused on providing core operational software, business consulting and systems integration services to leading insurance, reinsurance and financial institutions in Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Maricom Systems

Baltimore, Maryland, United States

Maricom Systems, Inc. is a provider of business intelligence and data management solutions that support mission-critical health information technology (IT) systems within the U.S. Department of Health and Human Services (HHS).

Buy -

Seller(S) 1

SELLER

Oceania Capital

Belrose, Australia

website


Category Private Equity Firm
Founded 1979
Size Small
Type Sector Agnostic
DESCRIPTION

Oceania Capital is a publicly traded investment group that pursues traditional private equity transactions, as well as investments in publicly traded companies in Australia and New Zealand. Within private equity, Oceania invests equity/junior capital to support leveraged buyouts as well as early stage/growth deals. Oceania Capital was formed in 1979 and is based in Belrose, Australia.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Australia) 1 of 2
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-16 iSOFT Group

Sydney, Australia

iSOFT Group Limited (iSOFT) is a leading developer of software applications for healthcare, and the largest specialist information company listed on the ASX. The company designs, develops and delivers fully integrated healthcare IT solutions which support workflows across hospitals, GPs, specialists, aged and community care providers, the primary care sector as well as claims and payments processes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-07 Eon Broadcasting Pty.

Sydney, Australia

EON holds a 100% equity interest in Sunshine Coast Broadcasters Pty Ltd who operate two FM radio stations on the Queensland Sunshine Coast – SEA-FM and MIX-FM. These two stations are long standing market leaders in a region that is one of the fastest growing population areas of Australia.

Buy -