M&A Deal Summary

MYOB Acquires BankLink

On May 14, 2013, MYOB acquired software company BankLink for 136M USD

Acquisition Highlights
  • This is MYOB’s 4th transaction in the Software sector.
  • This is MYOB’s 2nd largest (disclosed) transaction.
  • This is MYOB’s 3rd transaction in New Zealand.

M&A Deal Summary

Date 2013-05-14
Target BankLink
Sector Software
Buyer(s) MYOB
Deal Type Add-on Acquisition
Deal Value 136M USD

Target

BankLink

Auckland, New Zealand
BankLink Ltd. is an accounting platform it has used for years to supply secure bank feeds of a higher quality than it claims competitor software platforms offer.

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Buyer(S) 1

Buyer

MYOB

Cremorne, Australia

Category Company
Founded 1991
Sector Software
DESCRIPTION

MYOB is a provider of business management software. 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.


DEAL STATS #
Overall 6 of 18
Sector: Software M&A 4 of 14
Type: Add-on Acquisition M&A Deals 4 of 15
Country: New Zealand M&A 3 of 7
Year: 2013 M&A 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-20 SmartyHost Pty

Melbourne, Australia

SmartyHost Pty Ltd. is a supplier of web hosting services to Australian businesses and brings strong online marketing experience and broad small business appeal.

Buy $7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-05 SmartyHost Pty

Melbourne, Australia

SmartyHost Pty Ltd. is a supplier of web hosting services to Australian businesses and brings strong online marketing experience and broad small business appeal.

Sell -