Announced
Completed
Financials
Tags
Single Bidder
Australia
Majority
Completed
Acquisition
Public
software development
Friendly
Software
Scheme
Domestic
Merger
Synopsis
Damstra, a workforce management, compliance, and safety management firm, completed the merger with Vault Intelligence, a software company, in a A$250m deal. "Since we listed on the ASX in October last year, Damstra has continued to deliver on its vision to create a truly great Australian global technology success story. Our solutions reduce and manage workplace risks for clients across sectors including mining, construction and engineering, and more recently education. The advent of Covid-19 has heightened these challenges for employers, in turn driving structural demand for our solutions," Christian Damstra, Damstra CEO and Managing Director.
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