MYOB - M&A Summary, Ownership, and Business Overview

SoftwareCompany

MYOB M&A Summary

MYOB has acquired 18 companies of its own, including 6 in the last 5 years. It has also divested 4 assets.

MYOB’s largest acquisition to date was in 2017, when it acquired Reckon - Accountants Practice Management Division for $180M. MYOB has acquired in 2 countries. The Company’s most targeted sectors include software (78%) and internet software and services (17%).

MYOB Ownership

Who owns MYOB?

MYOB is owned by KKR. It was acquired on May 8, 2019.

Is MYOB PE-backed?

Yes. MYOB is owned by private equity investor KKR.

Was MYOB formerly PE-backed?

Yes. MYOB was formerly owned by 3 private investors.

MYOB Business Overview

Where is MYOB headquartered?

MYOB is headquartered in Cremorne, Australia.

What sector is MYOB in?

MYOB is a software company.

When was MYOB founded?

MYOB was founded in 1991.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity18
    • M&A Sell Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

MYOB

MYOB Technology Pty Ltd.

Level 3, 168 Cremorne St,
Cremorne, VIC 3121
Australia,
+61 3 9222 9888
www.myob.com

MYOB is a provider of business management software in Australia and New Zealand. The company's innovative software and services simplify many parts of a business including accounting, payroll, retail POS, CRM, websites, tax, and more. MYOB was founded in 1991 and is based in Cremorne, Australia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 12 1 2 3 - - 18
vol $390M $390M
Sell (0.0/yr) # 4 - - - - - 4
  22

Most Recent M&A

Company Date Value Type
Flare Pty Ltd. 2022-09-13 - Add-on Acquisition
Millers Point, Australia · www.flarebenefits.com
GT Business Solutions Pty Ltd. 2022-07-04 - Add-on Acquisition
Sydney, Australia · www.gtbusiness.com.au
Nimbus Technology Pty Ltd. 2022-02-01 - Add-on Acquisition
Sumner, Australia · www.nimbusportals.com
Axsys 2021-07-02 - Add-on Acquisition
Camberwell, Australia · www.axsys.com.au
Exobiz 2021-07-02 - Add-on Acquisition
Murarrie, Australia · www.exobiz.com.au
GreatSoft Pty Ltd. 2020-10-26 - Add-on Acquisition
Sydney, Australia · www.greatsoft.com.au
Reckon Ltd. - Accountants Practice Management Division 2017-11-16 180M USD Divestiture
North Sydney, Australia
Paycorp Holdings Pty Ltd. 2017-02-23 34M AUD Add-on Acquisition
North Sydney, Australia · www.paycorp.com.au
Greentree International 2016-08-01 18M NZD Add-on Acquisition
Auckland, New Zealand · www.greentree.com
Information Management Services Ltd. 2015-09-30 6M NZD Add-on Acquisition
Hastings, New Zealand · www.imspayroll.co.nz
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 14 (78%) 349M (89%) 2 (50%) -
Internet Software and Services 3 (17%) 7M (2%) 2 (50%) -
Information Technology 1 (6%) 34M (9%) - -
Total 18 $390M 4 -

By Geo

State/Country Buy Value Sell Value
Australia 11 221M 2 -
New Zealand 7 169M - -
Ireland - - 1 -
United Kingdom - - 1 -
Domestic 11 (61%) 221M (57%) 2 (50%) -
Cross-border 7 (39%) 169M (43%) 2 (50%) -
Total 18 $390M 4 -

Deal Values

buy # Total
$100M to $1B 2 $316M
< $100M 5 $74M
TOTAL $390M
Largest Reckon Ltd. - Accountants Practice Management Division
$180M (2017-11-16)

M&A Connections

Deals
Acquired from
Strategic(s)
6%
1 (6%)
Divested to
Strategic(s)
100%
4 (100%)

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Software Companies , Australia Companies