M&A Deal Summary

EY Acquires Open Windows Australia Pty - IDENTITY

On June 5, 2017, EY acquired software company Open Windows Australia Pty - IDENTITY from Open Windows Australia Pty

Acquisition Highlights
  • This is EY’s 1st transaction in the Software sector.
  • This is EY’s 1st transaction in Australia.

M&A Deal Summary

Date 2017-06-05
Target Open Windows Australia Pty - IDENTITY
Sector Software
Buyer(s) EY
Sellers(s) Open Windows Australia Pty
Deal Type Divestiture

Target

Open Windows Australia Pty - IDENTITY

Australia
Open Windows Australia Pty Ltd. - IDENTITY is a provider of consulting services in identity and access management, with experience delivering some of the largest IT security projects in Australia.

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Buyer(S) 1

Buyer

EY

New York, New York, United States

Category Company
Founded 1849
Sector Business Services
Employees230,000
Revenue 29.6B USD (2016)
DESCRIPTION
Ernst & Young office in Redwood City, California.
Ernst & Young office in Redwood City, California.

EY is a professional services company. The Company provides assurance, auditing, technology and security risk, enterprise risk management, transaction support, merger and acquisition, actuarial, and real estate advisory services. EY was formerly known as Ernst & Young LLP up until 2013. The Firm was originally established in 1849 and is based in New York City.


DEAL STATS #
Overall 15 of 24
Sector: Software M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2017 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 Society Consulting

Bellevue, Washington, United States

Society Consulting LLC is an analytics and big data consulting firm. Society Consulting LLC was founded in 2008 and is based in Bellevue, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 Brightree Solutions Sdn. Bhd.

Petaling Jaya, Malaysia

Brightree Solutions Sdn. Bhd. is a SAP consulting, technology services and outsourcing company with SAP Platinum Partner recognition. It specializes in new implementations, optimizations, maintenance / support and advisory services to medium and large businesses. Brightree Solutions Sdn. Bhd. was founded in 2010 and is based in Petaling Jaya, Malaysia.

Buy -

Seller(S) 1

SELLER

Open Windows Australia Pty

Hawthorn, Australia

Category Company
Sector Software
DESCRIPTION

Open Windows is an Australian owned and operated technology solutions provider with two successful businesses, Open Windows IDENTITY and Open Windows Software. Open Windows IDENTITY provides consulting services in identity and access management, with experience delivering some of the largest IT security projects in Australia. Open Windows Software is a leader in procurement and contract management software, delivering solutions to both government and private organisations for over 20 years.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2017 M&A 1 of 1