Announced
Completed
Financials
Tags
Private
Australia
Acquisition
Disposal
Friendly
software development
Software
Majority
Cross Border
Single Bidder
Completed
Synopsis
Access Group, a software consultancy and developer company, completed the acquisition of the Australia and Asia business of The Sage Group, a British multinational enterprise software company, for £95m ($127m). "This latest acquisition continues our expanding global presence following our other recent business purchases in Australia and New Zealand and will further our position in the supply of payroll and accountancy products across our expanding global footprint. Sage’s local products have a strong customer base in Australasia, and bringing them into The Access Group boosts our ability to deliver multiple business solutions in the UK, Australia and Asia," Chris Bayne, Access Group CEO.
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