18 deals in the month of Aug-25 incl. large ones: CyberCX, Verscent, Nexon, Infomedia

2. xAmplify buys Canberra’s CTO Group after scrapping CSO Group merger
Digital consultancy xAmplify has acquired fellow Canberra-based advisory CTO Group, a move which follows an investment from Macquarie Capital and the scrapping of its recent merger. Established in 2010 and led by a number of ex-HPE employees, CTO Group primarily serves federal government clients across five key capabilities; technology, digital enterprise, service integration, cybersecurity, and governance & assurance. In a potentially confusing twist, xAmplify’s acquisition of CTO Group follows its recently abandoned merger with CSO Group, tilting instead towards a “significant equity investment” from Macquarie Capital’s Principal Finance division in order to go it alone. xAmplify described the purchase as a strategic move to expand its capabilities in cloud infrastructure, enterprise platforms, and intelligent automation to help accelerate its pipeline of national transformation projects, while the consultancy will also relocate its Canberra headquarters from Fyshwick to a larger space in Barton to accommodate its growth and support closer collaboration.

3. Accenture to acquire CyberCX, expanding Cybersecurity capabilities in Asia Pacific
Accenture will accelerate business growth and client cyber resilience with CyberCX’s approximately 1,400 skilled cybersecurity professionals and AI-powered security platforms. Accenture has agreed to acquire CyberCX, a leading privately-owned cybersecurity services provider serving both private and public sector organizations across Australia, New Zealand and internationally. The move represents Accenture’s largest cybersecurity acquisition to date and will significantly bolster Accenture’s cybersecurity services in Asia Pacific. It will further expand Accenture’s leading position in the region, enhancing its ability to build business resilience, protect critical infrastructure and drive secure enterprise reinvention amidst an increasingly complex regulatory and threat landscape. Established in Melbourne, Australia in 2019, CyberCX is one of the largest and most prominent cybersecurity firms in the Asia Pacific region with a highly skilled workforce of approximately 1,400 professionals. The company’s end-to-end services extend across consulting, transformation and managed security services and include advanced capabilities in offensive security and cyber physical security, crisis management, threat intelligence, managed detection and response, as well as strategic advisory, identity, cloud and network security. CyberCX operates a network of advanced security operations centers across Australia and New Zealand, with additional offices in London and New York, combining deep local insight with international reach. Additionally, CyberCX brings innovative AI-powered platforms that deliver cybersecurity services including detection and response, sovereign secure cloud, CyberCX Academy for training and learning as well as proprietary tools for security testing and cyber intelligence.

4. Umwelt announces Five V as strategic partner
Umwelt is pleased to welcome Five V as a strategic, minority equity partner to help us grow, innovate and deliver even better sustainability outcomes for our clients. Five V is an Australian, B-Corp certified organisation that shares Umwelt’s values and believes in our vision for the future. Their investment is an important part of our growth strategy and reflects our commitment to scaling our positive impact. Through this partnership, we’ll be able to explore a broader range of services over time, deepen our expertise and invest further in our team while maintaining the independent, values-driven and client-focused approach we’re known for. While this partnership opens exciting new possibilities, our clients can expect the same dedicated team, consistent service excellence, and Umwelt leadership they’ve always experienced with us.

5. Telstra sells 75 per cent stake in Versent Group to Infosys for $233M
Telstra has sold a 75 per cent stake in Versent Group to Infosys, valued at $233 million. The move is part of Telstra’s Connected Future 30 strategy to focus on core connectivity and is consistent with the reset of its enterprise business. Telstra acquired Versent in December 2023, purchasing the business for $267.5 million to help scale Telstra Purple at the time. Versent Group will retain its brand and remain a stand-alone business. Under Telstra, the group integrates Versent, Epicon, Telstra Purple Digital2, and associated cloud access products.

6. EQT sells Nexon Asia Pacific to Adamantem Capital
Global investment organisation EQT has sold IT services provider Nexon Asia Pacific to Adamantem Capital. The transaction marks a significant milestone in Nexon’s growth journey, following its transformation that began with EQT’s investment in 2019. Founded in 2000, Nexon is an award-winning digital and IT services provider headquartered in Sydney, offering a broad suite of solutions to clients requiring end-to-end capabilities and specialist expertise in security, cloud and digital solutions. Since acquiring Nexon in July 2019, EQT has supported a comprehensive transformation led by Nexon’s Founder and CEO, Barry Assaf. During the past six years, Nexon has scaled substantially and registered more than five-fold growth in sales revenue. During this time, Nexon has successfully executed a complementary organic and acquisition-assisted growth strategy and completed a total of eight bolt-on acquisitions, including Liveware Solutions, Veridian Solutions, Equate Technologies and Computer Systems Australia.

7. Spark announces sale of 75% of data centre business
Spark New Zealand (Spark) today announced it has entered into an agreement to sell a 75% interest in its data centre business to Pacific Equity Partners (PEP). The investment will be made from PEP’s Secure Asset Fund, which invests in infrastructure growth platforms. The transaction values the business at up to $705 million(1) , representing a FY25 pro-forma EBITDA multiple of 30.8x(2). As cloud and AI uptake continues to increase demand for data storage and compute in New Zealand, the introduction of a capital partner secures a funding pathway to build out Spark’s planned 130MW+ data centre capacity development pipeline.

8. BPP Education Group expands footprint in Australia with acquisition of Australian Institute of Business (AIB)
A leading global education business and one of the largest privately owned education providers in Europe, is delighted to announce its acquisition of the Australian Institute of Business (AIB) headquartered in Adelaide. AIB joins Melbourne-based BPP Institute (previously known as CIC Higher Education) as part of BPP Education Group’s growth plans within Australia. AIB is one of the largest online MBA providers in Australia, with over 2,000 students enrolled, and boasts a global alumni network of more than 20,000 across 100 countries. With a legacy spanning over four decades, AIB’s fully online MBA is purpose-built for working professionals, delivering practical, workplace-relevant learning that drives career advancement. In 2025, AIB earned Tier One Global status, ranking 7th in Australia and 25th worldwide according to CEO Magazine. Its programmes are accredited by Tertiary Quality and Standards Agency (TEQSA) and aligned with the Australian Qualifications Framework (AQF), ensuring national and international recognition. AIB serves a broad student base across Australia and internationally, with a strong presence in Canada. The acquisition marks another milestone in BPP Education Group’s strategic growth journey, backed by TDR Capital, with a focus on geographic expansion and product innovation. BPP Education Group’s support will allow AIB to further invest in its digital capabilities, enhancing its online delivery and expand its portfolio through new technologies to enable further international growth.

9. TPG to acquire Infomedia for $421M in Australia Take-Private Deal
TPG has agreed to acquire Infomedia, a Sydney-based automotive SaaS company, in a deal that values the firm at AUD651 million ($421 million). The transaction, led by TPG’s Asia-focused private equity arm, marks a strategic move to deepen the firm’s presence in global vertical software platforms. Under the proposed terms, Infomedia shareholders will receive AUD1.72 per share, representing a 31% premium over the company’s most recent closing price. The deal implies an enterprise value of AUD579 million, and the company’s stock jumped nearly 28% in early Wednesday trading, reaching its highest level since September 2023. Infomedia provides cloud-based software solutions to the global automotive aftersales industry, with a client roster that includes leading manufacturers such as BMW, Audi, and Cadillac. Its products support spare parts cataloguing, service quoting, and digital repair operations across more than 180 countries. This acquisition comes three years after US bidders made a previous approach in 2022 at a similar valuation. The current deal has received unanimous support from Infomedia’s board, though it remains subject to regulatory clearance, including approval from Australia’s Foreign Investment Review Board (FIRB), and a shareholder vote scheduled for mid-November 2025. As part of the offer, Infomedia shareholders may also receive a fully-franked dividend of up to 2.0 cents per share for FY2025, along with a special dividend of up to 2.9 cents per share. The acquisition underscores rising investor interest in automotive software platforms, especially those focused on digital transformation in aftersales services—a segment forecast to grow significantly as global vehicle lifespans increase and OEMs shift toward service-based revenue models.

10. Bastion Security merges with Perth-based provider Seamless Intelligence
New Zealand headquartered Bastion Security Group has signed an agreement to merge with Perth-based cyber security managed services specialist Seamless Intelligence. The deal is Bastion’s second in Australia, having acquired Melbourne-based cyber security managed services provider Cythera in December, 2024. It further enhances Bastion Security Group’s Australian presence and reinforces its commitment to delivering cyber security services across the A/NZ region. Seamless’ customers are expected to benefit from enhanced managed services support coverage, with access to both Australian East Coast and New Zealand support staff. They will also have access to Bastion’s extended service offering, which spans governance, risk and compliance, penetration testing, cloud and network security, cyber strategy advisory services and threat intelligence, and access to complementary managed services products. The deal is expected to complete in the September 2025 quarter with the current shareholders of Seamless remaining invested in the Bastion Group. Established in 2018 by Christopher Bolan and Tristan Bennett, Seamless has grown to around 25 cybersecurity professionals with a suite of in-house developed, proprietary tools to support effective service delivery.

11. DyFlex increases SAP capabilities with Bluetree Solutions acquisition
SAP partner DyFlex Solutions, backed by private equity firm Five V Capital, has acquired local SAP partner Bluetree Solutions to further its SAP capabilities. The acquisition follows Perth-based DyFlex Solutions entering a strategic partnership with Five V Capital to accelerate growth locally and across Asia, creating an opportunity to acquire a willing SAP partner in February. At the time, DyFlex chief financial officer Angus Knapp said it was looking to partner with “high-quality SAP consultancies that want to take their business to the next level”.  DyFlex stated the combined brands and identity were already closely aligned, and the teams are already working closely to coordinate services, systems, and support. The combined business will have over 270 employees and is on track to surpass 300 by the end of the year. What drew DyFlex to Bluetree was the shared commitment to customer success in enterprise-grade outcomes with the agility and care of a specialist partner. The partnership will be strengthening the ability to support customers across the full SAP stack – including core S/4HANA, SuccessFactors and advanced analytics – with a strong and growing presence across both Australia and New Zealand. Bluetree’s deep expertise in SAP Datasphere and SAP Analytics Cloud complements DyFlex’s delivery capabilities. This will improve the Perth-based SAP partner’s capabilities and support its adaptation as SAP’s Business Data Cloud evolves. It will also contribute to its technical preparedness for AI.

12. Atturra to acquire Blue Connections IT for up to $25.5M in managed services boost
Atturra is set to acquire Blue Connections IT for upwards of $25 million in order to bolster its managed services offering. Through its subsidiary Cirrus Network Holdings, Atturra is putting up $18 million in cash up front as part of the deal, with an additional $7.5 million in cash or shares is also on offer if Blue Connections makes audited earnings before interest and tax (EBIT) targets for the 2026 and 2027 financial years and retains key staff. Integration costs have been budgeted at $500,000. The services provider’s CEO, Stephen Kowal, said the proposed acquisition will “significantly enhance Atturra’s credentials as a leading provider in managed services”. The acquisition is expected to be completed on or around 31 August. If it is wrapped up by 31 August, Atturra said Blue Connections is expected to contribute more than $2.5 million in earnings before interest, tax, depreciation and amortisation (EBITDA) during FY26 and over $3.5 million in EBITDA during FY27. Founded in 1997 and based in Melbourne, Blue Connections offers IT procurement services across mid-market, enterprise and government sectors, covering end user compute, device lifecycle management, modern workplace, device as a service, bid management and warehousing. It also operates an Australian-based 24/7 service desk to support customers, offering level 1, 2 and 3 engineers.

13. Launchd buys Hoozu, its second influencer agency acquisition in two months
Adelaide-headquartered talent, technology and brand partnerships group Launchd has acquired its second influencer agency in the space of two months from global creator economy company Izea Worldwide (NASDAQ: IZEA), bringing Sydney-based Hoozu into its growing portfolio. The acquisition of Hoozu for an undisclosed sum follows the purchase of Brisbane-based Huume from Izea in June, and Australian speaker bureau ICMI in April. Founded by former AFL stars James Begley and Matthew Pavlich, the group began its journey as online guest speaker and ambassador marketplace Pickstar, before institutional backing from Altor Capital led to the creation of Launchd as an umbrella company for several brands all aimed at connecting talent with corporates. Private investors in Launchd also include well-known sports personalities Adam Gilchrist, Lleyton Hewitt and Kate Campbell.The company says the acquisition of Hoozu strengthens its position in a global sector now valued at more than $31 billion in 2024, according to the Influencer Marketing Hub Benchmark  Report.

14. BAI Communications to acquire Titan ICT for telco solutions boost
BAI Communications has signed an agreement to acquire advanced communications engineering specialist Titan ICT in a move to boost its telecommunications solutions offering. Both companies intend to expand their service offerings to the private mobile network sector and operational communications networks. This would see the Australian communications infrastructure provider’s access to spectrum, financial strength and track record in managing mission critical networks combined with Titan ICT’s market positioning, capability and network designing and building experience. ARN understands that if the deal is successful, which is expected to wrap up by the fourth quarter of the 2025 calendar year, Titan ICT will add more than 70 employees to BAI’s existing workforce of over 440 staff members. Additionally, BAI will review the branding of the combined business post-acquisition. After the close of the deal, Titan ICT will be rebranded to “Titan ICT – a BAI Communications company” in the interim.

15. Bendelta adds employment advisory firm Workplace Research
Organisational design management consultancy Bendelta has welcomed employment advisory Workplace Research and its team of psychologists in Canberra. The addition of the award-winning advisory, which has been in business for just shy of thirty years and will now be known as ‘Workplace Research powered by Bendelta’, close to doubles the firm’s on-the-ground presence in Canberra. Established by Julie West in 1996, Workplace Research provides government and private sector clients with job analysis & design, sizing, organisational structure, recruitment, and performance management services among other specialities, backed by a strong focus on applied research and serious academic credentials in the field of psychology.

16. Australia’s largest care software provider MYP Technologies acquired by British group SystemC
Brisbane-based care software company MYP Technologies is changing hands after 26 years in business thanks to a buyout deal with the UK’s System C for an undisclosed sum. The news comes a year after MYP acquired its competitor BeSoftware International in August 2024 – a move the company claimed fortified its position as “the largest care and practice management software provider in Australia”. Last year’s acquisition added the iinsight practice management platform to the companys’ offering, integrating with its iinduct learning and compliance solution that helps allied health, disability care and aged care providers simplify staff induction, ongoing training, and regulatory compliance tracking. Whilst MYP has been in local hands for decades, it has undergone several iterations since it was founded as a management consultancy by Steven and Jenny Eager in 1999 from their home office. In 2006, despite there being “almost no software development experience” in the team, the company – then known as Access Management Consultants – pivoted to creating a financial benchmarking solution for its clients that would be offered on a monthly subscription basis. One of the group’s management consultants came up with the name myYardstick for the product, which ultimately became myYardstick Professional to service advice-oriented businesses such as accounting firms, business advisers, banks and franchisors. The big break for myYardstick came in 2013 with the initial launch of the National Disability Employment Scheme (NDIS). For the incipient scheme it was challenging for providers to calculate their fees for service in a new policy setting whereby spending decisions were moved to those living with a disability.

17. Bluechip Infotech to boost retail tech portfolio with Goodson Imports acquisition
Bluechip Infotech is in the final stage of acquiring a majority share of fellow technology distributor Goodson Imports, which it states will “significantly” bolster its retail technology capabilities. Founded in 1950, Goodson provides retail point-of-sale (POS) systems, data capture, mobility, and kiosk/original equipment manufacturer (OEM) technology. When completed, Goodson will operate independently with a slight rebrand to “Goodson– A Bluechip Company” and will retain its leadership team and operations. Additionally, it will also gain access to a range of solutions from Bluechip, which include mobility, networking and infrastructure, video surveillance and collaboration, internet of things (IoT) and edge computing, and power and energy management solutions, as well as access control systems.

18. Airbnb management company MadeComfy acquired by Indian giant OYO for more than $50m
Sydney-headquartered short-term rental management company MadeComfy has been acquired by Indian multinational OYO for an undisclosed sum, with plans to triple its network of real estate agency partners across Australia and New Zealand. Whilst the company could not confirm the transaction value, MadeComfy claims it is the second-largest exit deal Australia has seen in the short-term rental tech sector, behind the $220 million sale of Stayz to HomeAway in 2013. This pits it above the $48.2 million sale of Alloggio Group to Next Capital in 2023, and the company confirms the sale was higher than $50 million. The announcement comes a decade after Quirin Schwaighofer and Sabrina Bethunin (now also Schwaighofer) founded the company after he asked her to manage his property in Cremorne Point while he was travelling overseas, sparking the realisation for both of how important local support was to delivering a 5-star experience to guests. Thus, MadeComfy was born, securing a $1.1 million seed round in 2017 to launch its digital platform and expand to Melbourne, before raising $6 million from Investec the following year and building out its technology platform. In 2019 the company expanded nationally, entered into a partnership with Airbnb, and by the end of 2022 had secured national partnerships with LJ Hooker, Raine & Horne, Harcourts and McGrath. Today it works with close to 100 agencies, has expanded to New Zealand, and manages properties with a gross booking value (GBV) of more than $60 million. MadeComfy will continue to operate under its own brand, but claims OYO’s sophisticated revenue management platform and data-driven pricing algorithms will enhance its ability to maximise yields for property partners.