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New Deal


Announced

Completed

IFM Investors completed a $80m investment in Tally Group.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Australia

technological services

Software

Acquisition

Domestic

Private

Single Bidder

Minority

Private Equity

Completed

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Synopsis

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IFM Investors, a provider of investment services, completed a $80m investment in Tally Group, a company that is designing, building, and operating the next generation of technology services. “The way energy networks operate is changing with increased decentralisation and decarbonisation. To keep up with these changes, as electricity increasingly flows two ways between the grid and homes, a massive focus to build software that can enable the decentralised modern grid is under way," Adrian Kerley, IFM Executive Director.

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