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New Deal


Announced

Completed

Access Group completed the acquisition of the Australia and Asia business of The Sage Group for £95m.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Australia

Acquisition

Disposal

Friendly

software development

Software

Majority

Cross Border

Single Bidder

Completed

Synopsis

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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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