M&A Deal Summary

Objective Acquires Onstream Systems

On February 2, 2016, Objective acquired software company Onstream Systems

Acquisition Highlights
  • This is Objective’s 1st transaction in the Software sector.
  • This is Objective’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2016-02-02
Target Onstream Systems
Sector Software
Buyer(s) Objective
Deal Type Add-on Acquisition

Target

Onstream Systems

Palmerston North, New Zealand
Onstream Systems Ltd. is a New Zealand headquartered company which specializes in the capture, collaboration and manipulation of large documents, complex drawings, maps and plans. Onstream’s flagship software, Trapeze, has a user base of over 2 million users in 2000+ customers around the world. The Trapeze technology has become pivotal in the digital transformation of local government and statutory authorities, and strategically in the paperless processing and stakeholder collaboration related to Building Consents and Development Applications.

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Buyer(S) 1

Buyer

Objective

North Sydney, Australia

Category Company
Founded 1987
Sector Business Services
Revenue 115M AUD (2024)
DESCRIPTION

Objective is a specialist provider of content, collaboration, and process management solutions. Objective creates information and process governance solutions that are easy to use and enable organisations to confidently advance their own digital transformation. Objective was founded in 1987 and is based in North Sydney, Australia.


DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: New Zealand M&A 1 of 2
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-01 Isovist

Johnsonville, New Zealand

Isovist provides modern and high-quality software in the Local Government Planning sector and provides ePlanning systems. Isovist was founded in 2013 and is based in Johnsonville, New Zealand.

Buy NZ$5M