M&A Deal Summary |
|
---|---|
Date | 2017-11-16 |
Target | Reckon - Accountants Practice Management Division |
Sector | Software |
Buyer(s) | MYOB |
Sellers(s) | Reckon |
Deal Type | Divestiture |
Deal Value | 180M USD |
SEARCH BY
Try For Free 7-Day Free Trial
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 | 12 of 18 |
Sector (Software) | 9 of 14 |
Type (Divestiture) | 1 of 1 |
Country (Australia) | 5 of 11 |
Year (2017) | 2 of 2 |
Size (of disclosed) | 1 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-02-23 |
Paycorp
North Sydney, Australia Paycorp is a high-growth technology business that provides payment services that allow clients to receive and process secure payment transactions. Paycorp acts as a local online Payment Solutions Provider (PSP), providing cutting-edge payment solutions to help organizations become PCI compliant, consolidate payment collection methods and improve efficiencies in managing receivables. |
Buy | AU$48M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-10-26 |
GreatSoft Pty
Sydney, Australia GreatSoft is a software development company that provides cutting edge cloud-based software solutions. The company offers scalable, integrated cloud-based practice management solutions created to meet the needs of progressive accounting firms, including mid-tier and large firms. GreatSoft’s practice management solutions successfully service over 1,000 customers across 19 territories, including leading accounting and auditing firms in Australia and New Zealand. GreatSoft was formed in 1990 and is based in Sydney, Australia. |
Buy | - |
Reckon is a provider of software solutions for accounting and bookkeeping professionals and small to medium sized businesses. Reckon was founded in 1987 and is based in North Sydney, Australia.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Software) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (Australia) | 1 of 1 |
Year (2017) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-01-18 |
SmartVault
Houston, Texas, United States SmartVault Corp. is a provider of Software as a Service (SaaS) online document management system. |
Buy | - |