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  5. MYOB Acquires Flare

M&A Deal Summary

MYOB Acquires Flare

On September 13, 2022, MYOB acquired software company Flare

Acquisition Highlights
  • This is MYOB’s 14th transaction in the Software sector.
  • This is MYOB’s 11th transaction in Australia.

M&A Deal Summary
Date 2022-09-13
Target Flare
Sector Software
Buyer(s) MYOB
Deal Type Add-on Acquisition

Target

Flare

Millers Point, Australia
Flare is a HR software offering paperless onboarding, employee benefits and employee management. Flare was founded in 2015 and is based in Millers Point, Australia.

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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 18 of 18
Sector: Software M&A 14 of 14
Type: Add-on Acquisition M&A Deals 15 of 15
Country: Australia M&A 11 of 11
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-04 GT Business Solutions

Sydney, Australia

GT Business Solutions provides dynamic and highly functional software solutions which enable customers to focus on the productivity and profitability of their business. GT Business Solutions was founded in 2000 and is based in Sydney, Australia.

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