M&A Deal Summary |
|
|---|---|
| Date | 2021-03-23 |
| Target | McGirr Technologies |
| Sector | Software |
| Buyer(s) | ReadyTech |
| Sellers(s) | Pemba Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Internet Software and Services |
| Revenue | 122M AUD (2025) |
ReadyTech is a SaaS provider of mission-critical people management systems to customers to assist them to comply with regulatory and legislative compliance obligations, efficiently manage a large number of people through software and drive key performance outcomes. ReadyTech was founded in 1998 and is headquartered in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| Country: Australia M&A | 3 of 3 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-23 |
Open Office
Mulgrave, Australia Open Office is a provider of high-function, integrated, statutory, and compliance management systems with over 400 clients across Australia and around the World. Open Office provides cutting edge software solutions for Local, State, and Territory Governments, empowering them with integrated cloud enterprise solutions. Open Office was established in 1990 and is based in Mulgrave, Australia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Pemba Capital Partners is an independent private equity firm backed by the FirstRand Group focused on public and private company investments in Australia and New Zealand. Pemba looks to invest in profitable companies valued from $30 to $150 million AU. Pemba is a generalist investor, looking for opportunities in a variety of industries positioned for organic growth or growth through acquisitions. Pemba will not invest include early-stage or pure technology, hostile takeovers, property or construction, infrastructure, and agriculture or resources. Pemba Capital Partners was formed in 1998 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 22 |
| Sector: Software M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 7 of 8 |
| Country: Australia M&A | 17 of 21 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-23 |
Open Office
Mulgrave, Australia Open Office is a provider of high-function, integrated, statutory, and compliance management systems with over 400 clients across Australia and around the World. Open Office provides cutting edge software solutions for Local, State, and Territory Governments, empowering them with integrated cloud enterprise solutions. Open Office was established in 1990 and is based in Mulgrave, Australia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-01 |
RxPx
Sydney, Australia RxPx provides digital risk management and patient adherence SaaS solutions in the specialty medicine sector, predominately in the Multiple Sclerosis (MS) market. It is focused on the commercialisation stage of the drug life cycle, assisting pharmaceutical companies on the launch and global roll out of new and in-market approved drugs. RxPx was founded in 2013 and is based in Sydney, Australia. |
Buy | - |
