Blackpeak is pleased to announce that it acted as financial adviser to Studiosity on the sale of a minority interest to OES and CVC Emerging Companies Fund. Studiosity is the leading online academic study support platform for universities in ANZ and UK & Ireland. The transaction positions Studiosity for continued global growth with the support of strong partners.
Below is a link to an AFR article on the deal.
Blackpeak is pleased to announce that it acted as financial adviser to Phocas Software on its A$45m growth equity raising. Phocas is a leading provider of data analytics software solutions for the manufacturing, distribution and retail industries.
Below is a link to the announcement from Phocas and the AFR article.
https://www.phocassoftware.com/business-intelligence-blog/phocas-raises-45-million-in-capital-raise
https://www.afr.com/technology/data-analytics-company-phocas-raises-45m-20210126-p56wyb
Blackpeak is pleased to announce that it acted as financial adviser to Riteq on its sale to Ceridian, a global leader in human capital management (HCM) technology. Riteq is a leading provider of workforce management software solution.
Below is a link to the announcements from Ceridian.
Potential Capital has acquired a majority stake in the Education Horizons Group to support and accelerate the next stage of the Group’s growth.
Tim Dawson will continue to lead the Group in his capacity as Group Chief Executive Officer and member of the Board of Directors. The Group’s executive and management teams will remain in place and representatives of Potentia Capital will join the Board.
Potentia Capital is a Sydney-headquartered private equity investment firm focused exclusively on technology, tech-enabled services and software businesses. Their team is one of the most experienced in the Australian private equity market having collectively deployed over $2 billion of capital across more than 10 investments in the technology sector globally.
Following conclusion of this investment by Potentia Tim Dawson has said: “Potentia is uniquely placed to partner with Education Horizons Group to support and help accelerate our next phase of growth. Their depth of sector knowledge, collaborative partnership style and shared respect for our values, was instrumental in choosing Potentia Capital as our ideal partner.”
Click to access the press release – Education-Horizons-Potentia-Capital-Press-Release-2019
Logistics software technology company WiseTech Global’s global growth strategy of mixing organic growth with target acquisitions is reaping rewards, with the business growing its net profit by 368 per cent to $14.5 million.
The company made its first acquisition as a public company only a month after listing and since January it has acquired another two companies, the most recent being Italian customs compliance technology company ACO Informatica for $1.65 million.
Australian human resources software company ELMO is eyeing a $40 million float on the Australian Securities Exchange, 15 years after it started its growth in a dimly lit bunker.
When Danny Lessem founded the cloud-based software company in 2002 with co-founder Manuel Garber, ELMO was an e-learning platform and the term “cloud” had yet to enter everyday vernacular.
Tech stocks that listed on the ASX in 2016 have comfortably outshone their counterparts from other sectors, with stronger returns for shareholders in their first year of public life.
A new report from OnMarket BookBuilds, a platform that gives retail investors access to initial public offerings, found there were 25 tech listings in 2016, which delivered a 69.5 per cent return to investors.