Queensland technology company exits

Mergers and acquisitions

For most entrepreneurs, the dream of building an enterprise and exiting is somewhat of the “Holy Grail“.  With the Holy Grail in mind, Brisbane and South East Queensland has been host to some significant technology business sales over last decade.  Below is a list of just some of the technology company exits which we are aware of and a link to the source where the sale was publicly reported:

Business Sale or Exit Date Services Sale Amount Buyer or Exit Source
Wotif.com 2014 Accommodation Services A$703 million Expedia (US) Financial Review
Ezidebit 2014 Electronic payments processing business A$305 million Global Payments (US) Courier Mail
Neural Networks 2014 Communication and data services A$350,000 Inabox Group Inabox Media Release
We Are Hunted 2013 Tracks world’s most popular emerging songs on a social web in real-time A$20 million (speculated) Twitter Aliagroup
Pipe Networks 2009 Leading provider of wholesale and corporate telecommunications infrastructure A$373 million TPG Telecom TPG Telecom
Devnet 2011 Cloud computing solutions provider, Google partner and apps specialist Undisclosed Cloud Sherpas Cloud Sherpas
Digicon 2013 Digital consultancy firm Undisclosed Deloitte Deloitte
Big Bridge 2013 Digital marketing and video production house Undisclosed Speedwell Speedwell
CVS Dude/Codesion 2010 Agile application lifecycle management Undisclosed CollabNet CollabNet
BlueFreeway 2007 Global digital and interactive marketing communications Undisclosed Exit BlueFreeway Media Release

If you know of any other technology company exits, please let us know, and we will update the table above.  Let’s prove that Brisbane and South East Queensland leads the country for sales and exits of Technology Companies!

If you need further information about selling your enterprise, please contact us for an obligation free and confidential discussion.

Malcolm Burrows Lawyer

 

 

 

 

 

Malcolm Burrows B.Bus.,MBA.,LL.B.,LL.M.,MQLS.
Legal Practice Director
Telephone: (07) 3221 0013
Fax: (07) 3221 0031
Mobile: 0419 726 535
e: mburrows@dundaslawyers.com.au

Disclaimer

This article contains general commentary only.  You should not rely on the commentary as legal advice.  Specific legal advice should be obtained to ascertain how the law applies to your particular circumstances.

Dundas Lawyers
Street Address Suite 12, Level 9, 320 Adelaide Street Brisbane QLD 4001

Tel: 07 3221 0013

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