Acquisitions in Australia

Fluent Commerce, a global order management systems provider, secured A$46 million in new funding from Bain Capital. The investment will support Fluent Commerce’s profitable international expansion and accelerate development and rollout of AI-driven capabilities, including its AI integration platform Fluent Connect.

Submer announced it will acquire Radian Arc Operations Pty Ltd, a provider of a telecom-embedded infrastructure-as-a-service (IaaS) platform for sovereign, telco-focused GPU cloud services. The deal combines Submer’s InferX (its NVIDIA Cloud Partner platform) with Radian Arc’s carrier-embedded GPU edge computing platform to extend Submer’s AI infrastructure offering from core datacenters to the telco edge and support low-latency, in-country data-sovereign workloads.

VENU+, a portfolio company of ZCG Private Equity, announced it has acquired VLocker, an Australia-headquartered provider of electronic locker systems. The deal expands VENU+’s smart locker and guest mobility platform presence across Asia-Pacific markets including Australia, Singapore, and Hong Kong, and strengthens its global venue guest-experience solutions offering.

Assurant, Inc. acquired RL Circular Operations and related subsidiaries, the reverse logistics division of TIC Group (formerly TIC Reverse Logistics). The acquisition strengthens Assurant’s Connected Living platform in Asia-Pacific by expanding returns management, device lifecycle services, and asset recovery capabilities across Australia and New Zealand.

SharonAI Inc. completed its previously announced business combination with Roth CH Acquisition Co., resulting in SharonAI becoming a wholly owned subsidiary of SharonAI Holdings, Inc. In connection with closing, the SPAC domesticated from the Cayman Islands to Delaware via a merger into Roth CH Holdings Inc., which was renamed SharonAI Holdings, Inc., and former SharonAI equityholders received shares in the new public holding company.

Basware, a global invoice lifecycle management and accounts payable automation provider, acquired Redmap, an Australian AP automation software provider focused on middle-market ERP environments. The combination expands Basware’s AP automation capabilities and local presence in Australia/APAC, with plans to deliver more AI-driven invoice processing and workflow automation to mid-market and enterprise customers.

Rumin8 acquired ROAM Agriculture (ROAM), a Loam Bio Pty Ltd spin-out developing methane abatement solutions for cattle, to expand Rumin8’s product range and delivery formats. The deal adds ROAM’s tribromomethane (TBM) manufacturing and delivery technology to Rumin8’s portfolio to accelerate regulatory studies and commercialization. Financial terms were not disclosed.

Banyan Software, Inc. acquired Harrier-National (Sales) Pty. Limited ("Harrier"), a Sydney-based provider of warranty, roadside assistance, and customer-retention software for automotive dealerships. Harrier’s flagship cloud platform, Ignition, supports dealership warranty and roadside-assistance programs, CRM automation, and real-time analytics, and Banyan will support its continued growth across Australia, New Zealand, and beyond.

The Riverside Company invested in OSINT Combine, an open-source intelligence (OSINT) software provider, and combined it with its portfolio company Kaseware, an investigative case management software platform. The transaction is positioned as Kaseware’s first add-on under Riverside ownership, creating an end-to-end intelligence and investigative case management suite for public safety, intelligence, and corporate security users.

Invincible Software Holdings (ISH) announced the acquisition of ProSpend, a Sydney-headquartered spend management software company. The deal launches ISH’s new fintech investment track and is intended to support ProSpend’s growth across Australia and New Zealand while expanding into the United Kingdom and Ireland, with added go-to-market support and capital from ISH.

Kinterra Capital Corp. completed the acquisition of 100% of ASX-listed New World Resources Ltd, owner of the Antler Copper Project in Arizona, via a compulsory acquisition following its takeover bid that exceeded 90% acceptances. Total consideration for the transaction was approximately US$160 million, expanding Kinterra’s U.S. copper portfolio and production capacity.

Sidetrade completed the acquisition of 100% of ezyCollect, an Australian SaaS provider of Order-to-Cash solutions for small and mid-sized businesses, expanding Sidetrade’s footprint into the Asia-Pacific region. The transaction values ezyCollect at €37.3 million, with consideration including cash at closing, Sidetrade free shares to retain the founders and key staff, and a potential earn-out through 2028 tied to ARR growth.

RecordPoint, a data governance and compliance solutions provider, announced it has acquired Redactive, an Australian AI company focused on sensitive data discovery and classification. The deal terms were not disclosed. RecordPoint will integrate Redactive’s technology to strengthen AI-driven data security and governance and support international expansion.

Remsoft, a Canadian provider of Forest Intelligence software backed by Banneker Partners, acquired LOGR, an Australian forestry technology company focused on real-time data capture and multi-party analytics for delivery-site operations. The deal expands Remsoft’s cloud-based forest value chain platform by adding field-level chain-of-custody, edockets, and logistics/transport visibility from harvest planning through mill delivery.

Accel-KKR made a majority equity investment in Phocas Software, a middle-market business intelligence (BI) and financial planning & analysis (FP&A) software platform. The investment will support Phocas’ global expansion and increased spending on product development, customer success, and partner services, including integrated AI features. Financial terms were not disclosed.

Accel-KKR acquired MOA, an Australian quality improvement and clinical/operational management platform serving aged care, retirement living, and disability service providers. Following the acquisition, MOA is expected to pursue deeper collaboration and potential platform integration opportunities with Accel-KKR portfolio company Health Metrics (provider of the eCase enterprise healthcare management platform) to enhance governance, compliance, and analytics for care providers.

Brave Toys, the Australian parent company behind the Connetix magnetic tile brand, completed a full acquisition of My Creative Box, an Australian provider of educational activity boxes for children. Brave Toys previously bought a 50% stake in June 2024 and has now acquired the remaining ownership, bringing founder Leanne Papadopoulos and her team into the group to support continued product development and global growth.

GameSquare Holdings, Inc. (NASDAQ: GAME) announced it will acquire Click Management, an Australia-founded talent management firm with a growing U.S. presence, for $8.5 million plus contingent earn-outs. The deal structure includes $4.5 million paid at closing, $4.0 million payable within 60 days of December 31, 2025, and up to $3.0 million in earn-out consideration over the next two years tied to performance. In connection with the transaction, GameSquare also disclosed internal optimization actions including discontinuing its Frankly Media operations and consolidating Sideqik into Stream Hatchet (rebranded as Hatchet).

Aryza, a global provider of credit and debt lifecycle SaaS solutions, completed the acquisition of Bravure, a technology-enabled debt sale and recovery solutions company. Bravure, headquartered in Sydney, Australia, is known for its Bridge software platform that helps creditors analyze debt portfolios, automate collection strategy decisions, and maximize debt sale value, strengthening Aryza’s capabilities and presence in the Australian market.

Rouse Group entered the Australian market by completing a deal in August 2025 to join with The Wrays Group (Wrays), one of the largest independent IP specialist businesses in Australia and New Zealand. The combination is intended to expand and better integrate Rouse’s global IP services footprint, strengthening coverage across Asia Pacific and beyond.

CoStar Group, Inc. completed its acquisition of Domain Holdings Australia Limited (Domain), one of Australia’s leading online property marketplaces. The transaction combines CoStar’s global real estate marketplaces, data, and technology capabilities with Domain’s Australian property brands and local market expertise to expand competition and accelerate product innovation in Australia.

Teladoc Health acquired Telecare, an Australian tech-enabled provider of specialist and allied health care delivered virtually, to expand access to virtual specialist care across Australia’s public and private health systems. The deal closed on August 8, 2025; financial terms were not disclosed, and Telecare will continue operating under its brand led by its existing founders and management team.

HR Path, a global HR consulting and HRIS solutions provider, has acquired Australia-based RKM Consulting, a specialist in advising on and implementing HRIS solutions including SAP SuccessFactors. The deal expands HR Path’s presence in Australia and New Zealand and strengthens its capabilities in the SAP HCM market; RKM will continue operating under the brand “RKM Consulting, an HR Path Company,” with leadership and employees remaining in place.

Arthur J. Gallagher & Co. acquired Australia-based MACK Insurance Services, an agricultural-focused commercial insurance broker; financial terms were not disclosed. MACK’s team, led by Lizzie Carver, will join Gallagher’s brokerage operations in Australia from offices in Wagga Wagga and Narrandera, New South Wales.

VB Spine LLC announced it has completed the purchase of Stryker’s spinal implants business in Australia and New Zealand, marking VB Spine’s first market entry outside the United States. LifeHealthcare will continue as the exclusive distributor for the portfolio across Australia and New Zealand, maintaining product availability and clinical support.

Barings and Queensland Investment Corporation (QIC) co-led an A$370 million equity raise for Pacific Energy Group (PEG), described as Australia’s largest remote energy platform. The new funding is intended to support PEG’s long-term investment plans and growth pipeline, including hybrid and renewable power projects across Australia. Campbell Lutyens acted as placement agent for the equity raise.

Curriculum Associates (CA), the maker of i-Ready, acquired Stile Education, an Australia-based provider of an interactive middle school science curriculum aligned to the Next Generation Science Standards (NGSS). The deal expands CA’s core instructional portfolio beyond assessments, mathematics, and English language arts to include science, while allowing Stile to continue operating independently in Australia and expand further into U.S. classrooms as part of CA.

Teneo entered into an agreement to acquire PwC's Australia Business Restructuring Services unit, expanding Teneo’s Financial Advisory capabilities in restructuring and insolvency across the Asia-Pacific region. Approximately 80 professionals, including team leader Stephen Longley, will join Teneo, and the deal will support expansion in Sydney and Melbourne and the opening of Teneo’s first Brisbane office.

Infosys agreed to acquire The Missing Link, a Sydney-based cybersecurity and IT services provider, in a deal valued at approximately AUD 120 million. The acquisition is intended to expand Infosys’ cybersecurity solutions capabilities and strengthen its presence in Australia.

Score Group, an engineering and technology services provider for critical infrastructure, announced the strategic acquisition of Callidus Group. Callidus, headquartered in Perth, Western Australia, provides high-end flow control and valve management services to customers in mineral processing and LNG, and will operate as part of Score to support Score’s expansion across APAC.

The Riverside Company has invested in Dingo, a Brisbane-founded predictive maintenance software company and developer of the Trakka cloud-based platform. The partnership is intended to accelerate Dingo’s international growth and advance its AI-driven product innovation; transaction terms were not disclosed.

United Risk completed the acquisition of Pinnacle Underwriting Pty Ltd. and its affiliate Pinnacle Holdings Group Pty Ltd., a specialty facultative reinsurance MGA headquartered in Sydney, Australia. The deal expands United Risk’s operations across the Asia-Pacific and Middle East/North Africa regions and strengthens its capabilities in facultative reinsurance across key lines including property, power generation & utilities, onshore oil & gas, and political violence & terrorism.

Allegion plc, through a subsidiary, acquired Nova Hardware Pty Ltd (Novas), an architectural door hardware business based in Victoria, Australia. Novas designs and sells mechanical and electronic locks and related door hardware for Australian multifamily and commercial markets; transaction terms were not disclosed. The deal excludes Novas’ kitchen and bathroom businesses, which will be retained by owner Todd Foster and formed as a separate entity.

SCF Partners announced the sale of Shelf Subsea, a Perth-headquartered subsea services provider, to DeepOcean. Shelf Subsea provides subsea engineering, construction/installation, survey, IMR, and recycling services across offshore oil and gas, renewables, telecom, and civil sectors.

Kailo Medical announced it has acquired REI AI, an Australian clinician-founded generative AI company focused on radiology reporting. The deal adds generative reporting capabilities—such as structured report generation from dictation and real-time error detection—intended to integrate into Kailo’s structured reporting workflows to improve speed, clarity, and consistency for radiologists.

Virtusa Corporation acquired Mav3rik, an Australian Salesforce and MuleSoft advisory and implementation partner, to accelerate Virtusa’s growth and scale in Australia, New Zealand, and the broader APAC region. The deal strengthens Virtusa’s Salesforce services capabilities by adding Mav3rik’s team of Certified Technical Architects and its advisory, delivery, and managed services expertise across public sector, healthcare, and commercial enterprise clients.

Zendesk completed its acquisition of Local Measure, a provider of CCaaS and advanced voice solutions and an AWS partner. The deal expands Zendesk’s customer experience platform into higher-volume contact center environments through deeper integration with Amazon Connect, now packaged as “Zendesk for Contact Center.”

Carlyle Global Infrastructure announced the launch of Revera Energy, an independent energy infrastructure solutions platform. Revera’s initial portfolio consists of energy infrastructure projects carved out and acquired from Amp Energy across Australia and the United Kingdom, with a focus on battery storage, renewable power, and green hydrogen.

Responsive, an AI-powered Strategic Response Management (SRM) software provider, acquired Bidhive, an Australia-based bid and proposal management platform. The deal strengthens Responsive’s global presence and accelerates expansion across Australia and the broader Asia-Pacific region.

Fluidra has acquired 100% of Pooltrackr, an Australia-based SaaS platform serving pool and spa retail and service professionals. The deal supports Fluidra’s digital strategy by expanding its software and connectivity capabilities and enabling the platform to be scaled globally across the pool management value chain.

Sensiba LLP, a U.S. accounting and consulting firm, announced it has acquired AssuranceLab Pty. Ltd., a high-growth cybersecurity audit and risk assurance firm headquartered in Australia. The deal expands Sensiba’s international footprint and strengthens its security, privacy, and compliance framework capabilities, including services such as cybersecurity consulting and penetration testing.

AMCS acquired Mandalay Technologies, an Australia-headquartered provider of modular cloud-based weighbridge and data management solutions for the waste and resource recovery industry. The deal expands AMCS’s Australian footprint and enhances its capabilities supporting municipal and commercial waste operations with improved data visibility, workflow optimization, and analytics.

Quickstep Holdings Limited announced that its scheme of arrangement under which ASDAM Operations Pty Ltd will acquire all issued shares in Quickstep has become legally effective following Federal Court of Australia orders and lodgement with ASIC. Under the scheme, Quickstep shareholders are to receive A$0.575 per share, with implementation expected on 5 May 2025 and ASX trading suspension expected from the close of trading on 17 April 2025.

Cadwell Industries, Inc. announced a strategic investment in Seer Medical, a Melbourne, Australia-based company focused on home-based epilepsy diagnostics. The investment was made in partnership with investors Breakthrough Victoria and TrialCap and will support integrating Seer Medical’s long-term home video EEG technology with Cadwell’s existing EEG portfolio.

Fiserv has acquired Pinch Payments, an Australia- and New Zealand-focused payment facilitator (PayFac) known for its PayFac enablement capabilities and its Glassbox management platform. Pinch, founded in 2017 and serving roughly 2,000 merchants, adds a payment orchestration platform intended to expand Fiserv’s merchant reach and accelerate delivery of payment services and SaaS-enabled solutions across APAC.

Arcadea Group announced the acquisition of Agdata Holdings, including its flagship farm management software product, Phoenix. Agdata, a long-time family-owned Australian AgTech software business, will join Arcadea’s AgTech portfolio alongside AgCode and Radfords Software to support accelerated product development and market expansion.

TPG has made a strategic investment to fund the continued growth of Five Good Friends, acquiring a majority interest in the Melbourne-based, technology-enabled home care provider. Co-founders Simon Lockyer and Nathan Betteridge will retain significant interests and continue leading the business, while EQT will retain a minority stake.

Banyan Software acquired BuRPS (Budgeting, Rostering, Payroll System), a Queensland-based provider of workforce management software for retail and hospitality businesses across Australia. BuRPS’ platform supports independent grocers and retailers with rostering, time tracking, wage forecasting, and payroll automation, including integrations with grocery POS systems. Following the deal, the BuRPS team will work closely with Banyan portfolio company Worldsmart to expand services.

K-Sport, an Italian sports performance monitoring technology company, completed the acquisition of a 67% stake in Australia-based SPT (Sport Performance Tracking). The deal brings SPT into the K-Sport group to expand global reach—particularly across Australia, the United States, and Asia-Pacific—and integrate K-Sport’s AI-driven soccer analytics technology into SPT’s product offerings.

News Corp has completed the sale of Foxtel Group to DAZN Group Limited following receipt of required Australian regulatory approvals. As part of the transaction, A$592 million in shareholder loans were repaid to News Corp and News Corp received an approximately 6% minority equity stake in DAZN.

Legrand announced the acquisition of Computer Room Solutions (CRS), an Australian provider of white space infrastructure solutions for datacenters. CRS, headquartered in Mascot (Sydney), designs, manufactures, and commissions products such as structural ceilings, airflow containment solutions, and mechanical walls, and employs nearly 80 people with approximately €30 million in annual revenue. The deal supports Legrand’s bolt-on acquisition strategy and strengthens its datacenter offering and presence in Oceania.

Jewelers Mutual Group acquired Jewellers Loop, an Australian specialty jewelry insurance general agency that founded and operates the Q Report and JewelCover brands. The deal marks Jewelers Mutual’s first move into international personal jewelry insurance, expanding its footprint into Australia and creating opportunities for operational and technology/data-driven synergies. Q Report and JewelCover policies will continue to be underwritten by Chubb Insurance Australia Unlimited.

Arthur J. Gallagher & Co. announced the acquisition of Australia-based Tresidder Insurance Brokers, with terms not disclosed. Tresidder provides property/casualty brokerage services across Australia and will join Gallagher's Australia specialty broking division.

Lincoln Electric Holdings, Inc. acquired the remaining 65% ownership interest in Alloy Steel Australia (Int) Pty Ltd. and its related businesses, giving Lincoln Electric full ownership of Alloy Steel. Lincoln Electric had previously purchased an approximately 35% stake on April 1, 2025. Alloy Steel, headquartered in Perth, Australia, manufactures proprietary wear plate solutions and provides engineering services and digital monitoring primarily for the mining sector in Asia Pacific; financial terms were not disclosed.

PSG Equity made a US$280 million growth investment in Protecht Group, an Australian governance, risk, and compliance (GRC) software provider. The capital is intended to support Protecht’s global expansion and further development of AI-driven risk management solutions.

The Envest Group, part of The Ardonagh Group, acquired a majority stake in Wealth Architects, an Australian financial advisory and wealth management firm. The investment is intended to expand Wealth Architects’ specialist risk advisory capabilities and support future growth, and it coincided with Wealth Architects’ acquisition of PSC Life (a life and disability insurance advisory business formerly part of PSC Insurance Group).

SCF Partners has agreed to sell Contract Resources, a provider of specialized technical maintenance and industrial services for energy and industrial process infrastructure, to Cleanaway Waste Management. The transaction values Contract Resources at a headline A$377 million and is subject to customary closing conditions, including Australian Competition and Consumer Commission clearance.

Green Street acquired Australian Property Journal, an Australian digital publication covering commercial and residential real estate, to expand the global reach of its Green Street News offering. The publication will be rebranded as Green Street News Australia, extending Green Street News coverage into Australia.

Rio Tinto has completed its previously announced acquisition of Arcadium Lithium plc, a global lithium chemicals producer. Arcadium Lithium noted that the transaction completion triggered a “Make-Whole Fundamental Change” under certain convertible senior notes originally issued by Livent Corporation, now a wholly owned subsidiary of Arcadium Lithium, with an effective date of March 6, 2025.

Advantive, a mission-critical specialty software provider, announced it has acquired Commerce Vision, a B2B digital commerce platform serving Australia and New Zealand. The deal expands Advantive’s international footprint and strengthens its B2B eCommerce capabilities, including ERP-integrated commerce tools and Commerce Vision’s AI-driven purchase order automation product, Lucy.

Fleet Space Technologies announced it has acquired HiSeis, a provider of active seismic exploration technology for the minerals industry. The deal is intended to strengthen Fleet Space’s end-to-end exploration services by integrating HiSeis’ advanced seismic solutions into Fleet Space’s ExoSphere platform to accelerate acquisition, processing, and AI-enabled interpretation of seismic datasets for mineral exploration.

Cold Chain Technologies (CCT) acquired Global Cold Chain Solutions (GCCS), a provider of passive cold chain thermal assurance solutions with manufacturing operations across Australia and India. The deal expands CCT’s Asia Pacific footprint and capabilities serving temperature-sensitive life sciences shipments. Financial terms were not disclosed.

SightLine Applications, backed by Artemis Capital Partners, acquired Athena AI, an Australia-based provider of AI-enabled computer vision and decision-support software for defense applications. The acquisition adds field-proven vision-based AI systems and models to SightLine’s core image processing platform, expanding capabilities for edge situational awareness and defense mission areas such as ISR and counter-UAS.

Systems Planning & Analysis (SPA), a portfolio company of Arlington Capital Partners, has acquired Proximity Advisory Services, a leading Australian provider of consulting, legal, and commercial services to government. Proximity will join SPA Australia, expanding SPA’s footprint in Australia and adding capabilities across change management, procurement/contract management, program/project management, public law/legal support, and business case/cost modeling.

Metal Powder Works (MPW) merged with K-Tig Advanced Welding Systems in an A$10 million transaction, with the combined business operating under the Metal Powder Works name. The partnership also raised A$10 million and plans to list on the Australian Stock Exchange (ASX) under ticker MPW, combining MPW’s DirectPowder metal powder production technology with K-Tig’s automated welding systems.

Opus Agency, part of The Opus Group, announced the acquisition of Asia-Pacific experiential marketing agency The Company We Keep (The CWK). The deal expands Opus Agency’s reach in fast-growing APAC markets by adding localized event and brand experience capabilities across Australia, Singapore, and New Zealand.

CVC DIF (via DIF Infrastructure IV and DIF Infrastructure V) has agreed to divest a combined 1GW+ portfolio of renewable energy projects in Australia to Potentia Energy (formerly Enel Green Power Australia). The portfolio includes Bright Energy Investments in Western Australia and additional operational solar farms and adjacent battery energy storage system (BESS) development projects across Queensland, South Australia, and the Australian Capital Territory.

Searchlight Cyber has acquired Assetnote, a Brisbane-based Attack Surface Management (ASM) company. The deal will combine Assetnote’s ASM capabilities with Searchlight’s dark web intelligence to create a more holistic Continuous Threat Exposure Management (CTEM) platform and expand Searchlight’s global customer reach.

Penguin Random House Australia has signed an agreement to acquire Melbourne-based Text Publishing Company, with the deal including all of Text Publishing. Text Publishing will join Penguin Random House while operating under a charter of independence that allows it to retain full publishing control.

BioCina and NovaCina, two contract development and manufacturing organizations (CDMOs), announced a strategic merger to create an integrated end-to-end biopharmaceutical and small-molecule contract manufacturing provider. The combined company will retain the BioCina name and will unite BioCina’s Adelaide (South Australia) process development/manufacturing capabilities with NovaCina’s Perth (Western Australia) sterile fill-finish facility.

Arthur J. Gallagher & Co. announced it has acquired Wealth Management Partners Pty Ltd (WMP), a financial planning firm based in Perth, Western Australia. Financial terms were not disclosed, and WMP’s leadership team will remain in place under Gallagher’s Australian employee benefits and HR consulting operations.

CoreLogic acquired Prime Ecosystem, an Australia-based contractor technology company providing construction, restoration, and maintenance workflow/job management platforms. The deal expands Prime Ecosystem’s contractor solutions internationally—starting with the United Kingdom—while supporting continued growth in Australia and New Zealand, with the offering launching as CoreLogic Contractor Workspace.

Orbus Software announced it has acquired Capsifi, a business architecture solutions provider. The combination will integrate Capsifi’s business architecture capabilities into OrbusInfinity to create an end-to-end, cloud-native strategic enterprise transformation platform and advance a Digital Twin of the Organization (DTO) offering.

Evergreen, a managed IT services group, announced the acquisition of Australia-based managed service provider CT Group. The deal is Evergreen’s eighth acquisition in Australia in 2024 and will be managed by Lyra Technology Group.

Carlyle agreed to acquire a majority stake in Waste Services Group (WSG), an Australia-based commercial, industrial, and liquid waste management company, from private equity firm Livingbridge. The investment will be funded by Carlyle Asia Partners (CAP) affiliated funds, while Livingbridge will reinvest and retain a significant minority stake; financial terms were not disclosed.

Allied Universal acquired Aim Insurance Services, a provider of property loss adjusting and insurance claims services across Australia. Aim Insurance Services will be integrated into Allied Universal Compliance and Investigations within its global claims services business unit, expanding Allied Universal’s ProAdjuster capabilities in the Australian property claims sector.

Thule Group has completed the acquisition of Quad Lock, a global provider of performance phone mount solutions for cyclists, motorcyclists, and other outdoor users. Thule acquired 100% of Quad Lock (Key TopCo Pty Ltd) from Quadrant Private Equity, the founders, and other minority shareholders for AUD 500 million (cash and debt free) following Australian FIRB approval.

Sandvik has completed its previously announced acquisition of Universal Field Robots (UFR), an Australia-based provider of autonomous interoperable solutions for surface and underground mining. UFR, headquartered in Brisbane with about 40 employees, will be reported within Sandvik Mining and Rock Solutions’ Digital Mining Technologies division.

Bureau Veritas completed the acquisition of The APP Group, an Australian property and infrastructure services firm headquartered in Sydney. The deal strengthens Bureau Veritas’ Buildings & Infrastructure capabilities in Australia and supports expansion across the wider Asia-Pacific region, adding project management assistance, construction management, and independent project verification and certification expertise.

Penske Automotive Group, Inc. has completed the acquisition of Porsche Centre Melbourne in Melbourne, Australia from Porsche Retail Group Australia Pty Ltd. The dealership becomes Penske Automotive Group’s 25th Porsche dealership worldwide and is expected to add approximately $130 million in annualized revenue.

Arthur J. Gallagher & Co. announced the acquisition of Hann Insurance Brokers Pty Ltd, an insurance brokerage based in Lambton, New South Wales, Australia; financial terms were not disclosed. Hann Insurance Brokers provides commercial property/casualty insurance services across Australia with a focus on transport, and its team will join Gallagher’s Newcastle, New South Wales office.

Banyan Software announced the acquisition of Fedelta, an enterprise point-of-sale (POS) software platform serving hospitality and retail customers. Fedelta, founded in 2003 and headquartered in Queensland, Australia, provides POS and related modules such as back-office support, loyalty, stock control, kitchen monitoring, and business intelligence. Banyan plans to invest in product and business development to support Fedelta’s continued growth in the APAC region.

JDM Technology Group acquired Buildlogic, an Australian construction management software company, in a deal that closed on November 29, 2024. The acquisition expands JDM Technology Group’s construction software portfolio and strengthens its presence across Australia and the broader Asia-Pacific market. Buildlogic will continue operating under its own brand within JDM’s portfolio.

S&W Seed Company finalized the voluntary administration process for its Australian subsidiary, S&W Seed Company Australia Pty Ltd, under a Deed of Company Arrangement effective November 22, 2024. As part of the arrangement, 100% of the shares of S&W Australia were transferred to Avior Asset Management No. 3 Pty Ltd, with S&W providing certain IP, inventory, repayments, and transitional support to enable the business to operate as a standalone entity.

Fieldpiece Instruments acquired its Australian master distributor, Fieldpiece Australia, establishing a direct corporate presence in Australia. The purchase supports Fieldpiece’s expansion strategy across the Asia-Pacific region and follows the retirement-driven sale by owners Steve and Vicki Hartelust, who will assist with the transition and integration.

GameAbove Sports acquired a meaningful ownership stake in the Brisbane Bullets, a professional basketball team in Australia’s National Basketball League. NBA Hall of Famer George Gervin is joining the ownership group alongside GameAbove Sports as part of the investment, aimed at supporting the franchise’s growth ahead of the Brisbane 2032 Olympics.

OIA Global announced it has acquired Australian logistics businesses BTi Logistics and Airmark Ocean & Air Logistics to expand its footprint across Oceania, including Australia and New Zealand, and to strengthen its presence in Singapore. The deals broaden OIA Global’s freight forwarding, warehousing, distribution, and end-to-end supply chain capabilities across multiple verticals. Completion is subject to required regulatory approvals, and the companies will operate independently until closing.

Xypex Chemical Corporation (XCC) announced that effective November 1, 2024, Concrete Waterproofing Manufacturing Pty. Ltd. (CWM), trading as Xypex Australia, and National Concrete Solutions (NCS) will become wholly owned subsidiaries of Xypex Chemical Corporation. The acquisition also includes CWM's subsidiary XMS (Thailand) and is intended to expand and strengthen Xypex’s global operations in concrete waterproofing products and solutions.

EQT Group, investing through BPEA Fund VIII (EQT Private Capital Asia), acquired Australian-founded PageUp Group, a SaaS provider of talent acquisition, recruitment marketing, and talent management (HCM) software. PageUp was acquired from its existing majority owner, Battery Ventures, which first invested in the company in 2018 and supported its international expansion and add-on acquisitions. The transaction is intended to accelerate PageUp’s global expansion, product innovation, and AI roadmap.

SKF completed its previously announced acquisition of John Sample Group’s (JSG) Lubrication and Flow Management businesses. JSG is a lubrication system and full-service solutions provider, and the acquired operations will be integrated into SKF’s existing lubrication management business to strengthen SKF’s presence in South-East Asia and Oceania.

TMA Systems, a provider of enterprise asset management (EAM) and computerized maintenance management system (CMMS) software, acquired MEX (Maintenance Experts), Australia’s leading CMMS provider. Headquartered in Brisbane, MEX serves more than 1,400 organizations across the Asia-Pacific region; the deal expands TMA Systems’ global footprint and product capabilities. RBC Capital Markets advised MEX, and the acquisition is TMA’s fourth since Silversmith Capital Partners’ 2021 investment in TMA Systems.

Longstreth Sporting Goods acquired Cultor Pty Ltd, the Perth, Australia-based owner of the Gryphon field hockey equipment brand. Cultor will continue operating under the Longstreth umbrella with minimal day-to-day changes, expanding Longstreth’s global presence in field hockey equipment.

Vocus, backed by shareholders Macquarie Asset Management and Aware Super, agreed to acquire and later completed the acquisition of TPG Telecom's Enterprise, Government and Wholesale (EG&W) fixed business and associated fibre network assets for an enterprise value of A$5.25 billion. The deal includes TPG’s fibre network infrastructure, EG&W fixed customer base and IT assets, international submarine cables (including the PPC-1 cable), and Vision Network’s wholesale residential broadband business, while TPG retains its mobile network infrastructure and consumer-focused mobile and fixed businesses. Vocus and TPG also entered a long-term strategic partnership providing TPG ongoing access to Vocus’ fibre infrastructure.

Accel-KKR acquired listed company K2fly and will combine it with INX Software to form a larger mission-critical software provider focused on high-risk industries in Australia and globally. The combined business will unite K2fly’s regulatory, compliance and disclosure (RegTech/ESG) capabilities with INX Software’s workforce, safety, training and reporting solutions, serving sectors including mining, energy & utilities, transport, engineering and government.

Woolpert has acquired Greenbox Architecture, a Sydney, Australia-based full-service architecture and interior design firm specializing in data center design and other commercial, health care, and residential work. The acquisition expands Woolpert’s architecture services and presence across the Asia-Pacific region and strengthens its global mission-critical/data center design capabilities.

SingleStore announced the acquisition of BryteFlow, an Australia-based data integration platform, to accelerate adoption of real-time analytics and generative AI use cases. BryteFlow’s change data capture and real-time ingestion capabilities will be integrated into SingleStore’s core product as “SingleConnect,” expanding connectivity to enterprise and SaaS data sources.

Energy Fuels Inc. has completed its acquisition of Base Resources Limited, a Perth-headquartered heavy mineral sands and critical minerals company, for approximately US$178.4 million paid in Energy Fuels shares. The deal gives Energy Fuels control of Base’s Toliara Project in Madagascar and adds Base’s mine development and operations team, supporting Energy Fuels’ plans to expand rare earth, titanium, and zirconium production and processing capabilities.

Rio Tinto completed the acquisition of Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Limited (BSL), owner and operator of the Boyne Island aluminium smelter in Gladstone, Australia. It also completed the acquisition of Sumitomo Chemical Company’s 20.64% stake in New Zealand Aluminium Smelters (NZAS), owner and operator of the Tiwai Point aluminium smelter in New Zealand, making NZAS wholly owned by Rio Tinto, and separately completed Sumitomo Chemical’s 2.46% stake sale in BSL. Purchase prices were undisclosed.

The Infrastructure Fund (managed by Macquarie Asset Management), State Super, and Australian Retirement Trust agreed to sell their combined 74.25% controlling interest in Queensland Airports Limited (QAL) to a consortium comprising KKR and the Skip Essential Infrastructure Fund. QAL owns and operates Gold Coast, Townsville, Mount Isa, and Longreach airports across Queensland and northern New South Wales.

VALD, a Brisbane-based musculoskeletal (MSK) health technology company, announced a significant growth equity investment from FTV Capital. The funding will support VALD’s geographic expansion, new product launches, and continued use of AI to develop applications leveraging its large proprietary MSK dataset.