Acquisitions in Western Australia, Australia

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

INX Software announced the closing of a significant equity investment from Accel-KKR, making Accel-KKR the majority shareholder alongside INX management. The investment is intended to support INX Software’s global expansion in compliance, workforce management, training, and reporting software for complex and high-risk industries. Financial terms were not disclosed.

Morgan Stanley Investment Management, through funds managed by Morgan Stanley Infrastructure Partners, agreed to acquire a 49% stake in Onslow Iron Road Trust in partnership with Mineral Resources Limited. Mineral Resources will retain a 51% stake and will continue to co-control and manage the trust, which owns the private 150-kilometer haul road connecting the Onslow Iron project to Ashburton Port in Western Australia.

Automic Group announced the strategic take-private acquisition of Advanced Share Registry (ASW). The deal brings ASW into Automic’s registry business and cloud-native integrated registry platform, with Automic indicating continued long-term investment in Western Australia.

SCF Partners has made an investment in Callidus Process Solutions Pty Ltd, a provider of valve management, specialist welding, and maintenance services to the critical minerals processing and LNG sectors. SCF will partner with Callidus to expand in key geographies and enhance its service offering.

Actionstep, a cloud practice management platform for law firms backed by Serent Capital, acquired Perth-based legal software company FilePro. The deal combines two legal practice management software providers and is intended to accelerate FilePro customers’ access to cloud technology while supporting further product development investment. The acquisition strengthens Actionstep’s position in Australia and New Zealand and expands its global subscriber base.

Accenture has acquired ATI Solutions Group (ATI), a Perth-based consulting services provider focused on the mining, energy, and rail industries. ATI strengthens Accenture’s Industry X (digital engineering and manufacturing) capabilities in Western Australia, particularly in operational technology (OT) implementation and connecting OT with enterprise IT to automate and optimize field operations. Financial terms were not disclosed.

WSP has entered into an agreement to acquire Calibre Professional Services One Pty Ltd ("Calibre"), an Australia-based advisory and engineering services provider focused on mining-related infrastructure, rehabilitation, rail, and renewables. The deal is intended to strengthen WSP’s sustainability and mining asset life-cycle capabilities in Australia, expanding its presence in Western Australia and the Pilbara region. The transaction is expected to close in the second quarter of 2023, subject to customary closing conditions.

Hancock Energy (PB) Pty Ltd completed a competitive off-market takeover bid for Warrego Energy Limited, followed by a compulsory acquisition. The final offer of A$0.36 per share valued Warrego at approximately A$440 million, and Warrego was delisted on 9 March 2023.

Thoma Bravo completed its all-cash acquisition of Nearmap Ltd via a scheme of arrangement valued at approximately AUD $1.055 billion. Nearmap will be delisted from the Australian Securities Exchange following the transaction and will operate as a private company backed by Thoma Bravo.

Sia Partners acquired Churchill Consulting, a strategy and management consulting firm based in Perth, to enter and expand in the Western Australian market. Following the deal, Churchill’s partners will lead Sia Partners’ new Australian hub, supporting growth across energy, mining, public sector and future financial services expansion.

Cushman & Wakefield acquired Sheffield Property (WA) Pty Ltd. and Sheffield Asset Management Pty Ltd. (together, “Sheffield”), a Perth, Western Australia-based office leasing and property management agency. The deal strengthens Cushman & Wakefield’s commercial real estate services platform in Western Australia and expands its capabilities across leasing, development and asset services in Australia/Asia Pacific.

TELEO Capital Management portfolio company Rand McNally acquired Fleetsu Pty Ltd., a cloud-based fleet management and data analytics solution provider. The deal combines Rand McNally’s fleet business with Fleetsu’s platform and analytics capabilities to expand connected-vehicle and real-time fleet insights for operators.

Semios, a Vancouver-based precision farming platform for permanent crops, announced it is acquiring Agworld, a data-driven farm management platform headquartered in Perth, Australia. The combined company will form a large independent global AgTech solutions provider, aiming to centralize crop management data into a single end-to-end dashboard for growers and their service providers worldwide.

AbleDocs Inc. announced it has acquired Web Key IT, a web accessibility services provider. The deal expands AbleDocs’ global reach and enhances its ability to deliver digital accessibility products, services, training, and localized support across multiple languages, particularly in Australia and the Pacific Rim.

Evergreen completed the acquisition of Baileys Fertilisers Holdings Pty Ltd, a family-owned garden care business and consumer branded garden products player in Australia. Baileys produces growing media and granulated plant and lawn fertilisers under the Baileys brand, adding brand strength plus manufacturing and distribution capabilities in Western Australia to Evergreen's existing presence in the market.

The Riverside Company has acquired WA Profiling and Stabilising (WAPS), a Perth-based provider of road stabilisation and profiling services in Western Australia. The acquisition is an add-on investment to Riverside’s existing Hiway Group portfolio, expanding Hiway’s pavement rehabilitation and profiling capabilities across Australia.