M&A Deal Summary |
|
|---|---|
| Date | 2016-09-13 |
| Target | INET BFA Pty |
| Sector | Software |
| Buyer(s) | IRESS |
| Sellers(s) | Media24 |
| Deal Type | Divestiture |
| Deal Value | 150M ZAR |
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IRESS is an Australian software company specialising in the development of software systems and services for financial markets and wealth management. IRESS was founded in 1993 and is based in Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 17 |
| Sector: Software M&A | 11 of 12 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: South Africa M&A | 3 of 3 |
| Year: 2016 M&A | 1 of 2 |
| Size (of disclosed) | 7 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-30 |
Proquote
London, United Kingdom Proquote Ltd. is a provider of trading, market data and connectivity solutions. Proquote's coverage includes information on futures, options, commodities, metals and OTC derivatives and features comprehensive fundamentals, charting analytical tools. Proquote was established in 1999 and is headquartered in London, England. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-26 |
Financial Synergy Pty
Melbourne, Australia Financial Synergy is a privately-owned Australian company providing fund administration software to the superannuation and wealth management industries. Financial Synergy’s software and online solutions are core to the operations of its clients, helping them service members efficiently, address ongoing legislative change and to deliver superior services to their members. Headquartered in Melbourne, Financial Synergy has 126 employees. |
Buy | AU$90M |
Media24 Ltd. is a publisher with interests in digital media and services, newspapers, magazines, ecommerce, book publishing, print and distribution.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: South Africa M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
