Announced
Completed
Financials
Sources
Tags
Australia
technological services
Software
Acquisition
Domestic
Private
Single Bidder
Minority
Private Equity
Completed
Friendly
Synopsis
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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