StartSomeGood cofounder Tom Dawkins
Business

More gooder: social enterprise platform StartSomeGood acquired by EnergyLab cofounder Piers Grove

- April 11, 2024 2 MIN READ

StartSomeGood, the pioneering platform helping social entrepreneurs succeed, has been acquired by social innovation business General Good, founded by media entrepreneur Piers Grove. StartSomeGood CEO and cofounder Tom Dawkins said the strategic move will continue the commitment he started 13 years ago to building a social entrepreneurship movement, partnering with circular economy accelerator Boomerang Labs under… Read more »

whale
Business

Canva gobbles up UK rival Affinity in its biggest spend yet

- March 26, 2024 2 MIN READ

Design software platform Canva is fattening up for its public listing in 2026, acquiring UK professional graphic design and photo editing software business Affinity for an undisclosed sum. It’s believed to be the biggest outlay yet by Canva in a string of merger and acquisition deals in recent years, including fellow British data startup Flourish in… Read more »

Business

Culture Amp acquires people analytics platform Orgnostic

- March 22, 2024 2 MIN READ

Employee experience platform Culture Amp is acquiring a Serbian people analytics startup to broaden its capabilities The cost of the deal with Orgnostic, founded in Belgrade in 2019, was not disclosed. The analytics platform combines fragmented HR data to give leadership teams rapid insights into how their workforce is tracking. That data will be plugged… Read more »

Business

Five years after hitting the ASX with a $610 million market cap, small business lender Prospa is delisting with a $74m takeover bid

- February 27, 2024 2 MIN READ

Small business lender will disappear from the ASX within months following a $74 million takeover bid from the Melbourne-based Salter Brothers Tech Fund. While the offer of $0.45 cents a share is a 22% premium on Prospa’s (ASX:PGL) closing price of $0.37 cents on Monday, it’s a far cry from when the business listed at… Read more »

Octopus Deploy, Sonia and Paul Stovell.
Business

Queensland quiet software giant Octopus Deploy snaps up US rival for $43 million

- February 27, 2024 3 MIN READ

Brisbane enterprise software scaleup Octopus Deploy has acquired a US rival, Codefresh, in a deal worth reportedly worth US$28 million (A$42.6m). It’s the first major acquisition by the quiet achiever of the Queensland tech scene, one of the largest privately-held companies in the DevOps ecosystem. While no figure was mentioned in the announcement, media reports… Read more »

Adatree, Shane Doolan. Jill Berry
Business

Open banking startup Adatree acquired by payments fintech Fat Zebra

- February 6, 2024 2 MIN READ

Open banking facilitation startup Adatree has been acquired by Sydney small business payments provider Fat Zebra for an undisclosed sum. The Sydney regtech platform was the first early-stage startup approved to take part in Australia’s open banking system as Accredited Data Recipient (ADR) for the Consumer Data Right (CDR). Adatree helps fintechs gain access to… Read more »

Lauren Swidenbank, Jess Ruhfus
Business

Brand collaboration platform Collabosaurus acquired by Cali Social founder

- December 31, 2023 < 1 MIN READ

Bootstrapped brand collaborations startup Collabosaurus has been acquired by marketing guru Lauren Swidenbank. The terms of the M&A deal were not disclosed. Swidenbank is CEO and founder of Cali Social, a performance marketing agency specialising in female-first brands. She said the acquisition as a strategic move to expand into tech and leverage Collabosaurus’s unique position… Read more »

Great white shark
Business

Linktree gobbles up and kills off competitor Koji

- December 15, 2023 2 MIN READ

Australia link-in-bio platform Linktree has acquired two-year-old competitor Koji from its parent company GoMeta for an undisclosed figure. In the tortured syntax beloved of tech titans. Linktree said in a blog post that Koji’s link-in-bio product “will be sunset” on January 31. We take that to mean shut down rather than a glowing golden light… Read more »

Business

Accidental edtech founder Edwina Sharrock exits Birth Beat to help more women succeed

- December 4, 2023 3 MIN READ

Founder Edwina Sharrock says the decision to exit from her 8-year-old edtech startup Birth Beat is like selling a child. The childbirth education platform has been acquired by Device Technologies for an undisclosed sum. Birth Beat offers comprehensive, interactive digital childbirth education, as well as baby and child first aid courses, that have helped more… Read more »

Atlassian, Mike Cannon-Brookes, Scott Farquhar.
Business

Atlassian gobbles up another startup – bootstrapped Melbourne IT data platform AirTrack – to build out Jira

- November 2, 2023 2 MIN READ

Workplace software giant Atlassian made a second acquisition in October, alongside its $1.5 billion M&A deal US video messaging startup Loom, snapping up Melbourne IT data quality management busines AirTrack. AirTrack helps enterprises gather, aggregate, and analyse multiple sources of data used across IT to make it easier to pinpoint and remediate any issues. The… Read more »

Venture Capital

Brisbane SaaS investor VentureOn Partners moves into proptech, acquiring Story Bridge Ventures

- October 23, 2023 2 MIN READ

Queensland software-as-a-service (SaaS) investor VentureOn Partners has acquired fellow Brisbane VC Story Bridge Ventures as it looks to move into the proptech (property technology) and contech (construction technology) spaces. VentureOn, cofounded in 2023 by four SaaS founders and operators, specialises in software companies, offering working capital and operational experience from a team of software tech… Read more »