M&A Deal Summary

IRESS Acquires OneVue

On November 6, 2020, IRESS acquired information technology company OneVue for 115M AUD

Acquisition Highlights
  • This is IRESS’s 2nd transaction in the Information Technology sector.
  • This is IRESS’s 3rd largest (disclosed) transaction.
  • This is IRESS’s 8th transaction in Australia.

M&A Deal Summary

Date 2020-11-06
Target OneVue
Sector Information Technology
Buyer(s) IRESS
Deal Type Add-on Acquisition
Deal Value 115M AUD
Advisor(s) McCullough Robertson (Legal)

Target

OneVue

Sydney, Australia
OneVue is a fintech company that partners to disrupt the superannuation value chain. The business operates through three core divisions: Fund Services, Platform Services, and Trustee Services. OneVue Holdings was founded in 2004 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

IRESS

Melbourne, Australia

Category Company
Founded 1993
Sector Software
Employees1,900
Revenue 626M AUD (2023)
DESCRIPTION

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 17 of 17
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 15 of 15
Country (Australia) 8 of 8
Year (2020) 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-08 Quant House

Paris, France

Quant House is a provider of an end-to-end systematic trading solutions including ultra-low latency market data, algo trading development frameworks, proximity hosting and order routing to hedge funds, market makers, proprietary desks, brokers and sell-side firms. Quant House was formed in 2003 and is based in Paris, France.

Buy €39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-20 Iress - Managed Funds Administration Business

Melbourne, Australia

Iress' Managed Funds Administration Business is a third-party fund registries, with around AUD900 billion in managed assets across over 1,400 funds, four custodians and 69 fund managers. Iress' Managed Funds Administration Business is based in Melbourne, Australia.

Sell -