Mergers & Acquisitions

US tech giant Pluralsight completes $2 billion acquisition of A Cloud Guru

- July 9, 2021 2 MIN READ

US technology workforce development company Pluralsight has closed its acquisition deal for online learning startup A Cloud Guru. The $2 billion deal for the London-based startup, which began life in 2015 in a Melbourne bedroom as the vision of brothers Sam and Ryan Kroonenburg, is one of Australia’s biggest M&A tech deals. Sam, the company’s CEO,… Read more »

OT100 South Australia, beer, distillers
Mergers & Acquisitions

ASX-listed drinks distributor Mighty Craft fills its glass with South Australian distillers and brewers for $47 million

- June 11, 2021 3 MIN READ

Melbourne-based drinks business Mighty Craft has announced plans to buy South Australian producers Adelaide Hills Distillery, Mismatch Brewing and Hills Cider in a deal worth $47 million. The agreement also includes 75 % ownership of the popular LOT.100 venue, which is a destination distillery, cellar door, restaurant and function centre on an 84-hectare property near… Read more »

SMS message, woman,
Mergers & Acquisitions

SMS marketing tech venture MessageMedia sells to Swedish rival for $1.7 billion

- June 11, 2021 2 MIN READ

Melbourne customer engagement marketing company MessageMedia is being acquired by Swedish rival Sinch for US$1.3 billion (A$1.7bn). The deal is made up of US$1.1bn in cash and 1.126 million new shares in Sinch. MessageMedia offers mobile messaging solutions for SMEs in the US, Australia, New Zealand, and Europe, serving more than 60,000 customers and sending… Read more »

Mergers & Acquisitions

Atlassian acquires ThinkTilt, the Brisbane startup behind Jira form builder Proforma

- April 20, 2021 < 1 MIN READ

Australian tech giant Atlassian has opened its wallet to acquire ThinkTilt, the Brisbane startup behind the ProForma, a no-code/low-code form builder for Jira, for an undisclosed sum. The six-year-old venture has more than 700 companies as customers and helps them build the forms to manage workflows In a post announcing the acquisition, Atlassian’s head of… Read more »

Mergers & Acquisitions

Yellow Pages owner Sensis just sold for $260 million to a Nasdaq-listed US software supplier

- March 2, 2021 2 MIN READ

Australian marketing company Sensis, publisher of the Yellow and White Pages, has been sold for A$260 million to US Nasdaq-listed Thryv Holdings. Thryv is a supplier of small business software in the US and owner of the Yellow Pages brand in the states. The price represents a significant haircut for US private equity firm Platinum… Read more »

Mergers & Acquisitions

Canva buys two design startups after doubling its monthly users to 50 million in just 12 months

- February 23, 2021 2 MIN READ

Online design platform Canva is bolstering its capacity in the artificial intelligence (AI) and automation space with the acquisition of two European design startups. The Australian unicorn has bought Austrian AI platform Kaleido.ai, which built the popular background removal tool remove.bg and Unscreen, as well as Czech-based product mockup generator Smartmockups. The acquisition costs were not disclosed.… Read more »