Announced
Synopsis
The Access Group, the UK-based leading provider of software to growing mid-market businesses, agreed to acquire Attaché, an Australian-based Financial Management and Payroll software supplier with over 30 years’ experience providing software to Australasian mid-market businesses. Financial terms were not disclosed. The Australasian market is seen as an excellent place to support Access in delivering its next stage of growth, with the Australian market’s spend on software expected to grow from $16bn in 2019 to in excess of $21bn by 2022. With Access focused on delivering a fully connected mid-market business solution suite, on the Access Workspace platform, there is real potential to tap into a significant share of this market growth. "Access is excited to welcome Attaché into the Access Group. The addition of Attaché establishes a significant foundation for us to launch into the Australasian marketplace and commences the process of extending Access’s success in the mid-market business software sector beyond our home base in the UK. With around 100k businesses falling into the local mid-market sector, providing a third of all revenue and jobs, the potential for Access Workspace is huge. We look forward to deepening our relationship with Attaché’s customers and further supporting them with the broad array of solutions available through Access Workspace in the coming months and years," Chris Bayne, The Access Group CEO.
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