TechDay Australia - Australia's technology news network

Private Equity stories

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Magaya enhances performance with Tessell's PostgreSQL
4 days ago
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hyperscale
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dbaas
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aws
Magaya has revamped its database system with Tessell's managed PostgreSQL, boosting performance tenfold and ensuring efficient cloud scalability.
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Banyan Software acquires Medtech, expands in Australasia
4 days ago
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data privacy
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cloud services
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kpmg
Banyan Software has acquired healthcare technology firm Medtech Global, enhancing its reach in Australia and New Zealand's healthcare markets.
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Thoughtworks appoints new leaders to drive growth strategy
4 days ago
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digital transformation
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accenture
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thoughtworks
Thoughtworks has announced key leadership changes with Gene Reznik as Chief Strategy Officer and Steven Yurisich as Asia Pacific Regional Managing Director, enhancing its growth strategy.
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UBS report: entrepreneurs eye AI for industry growth
This month
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digital transformation
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ai
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cybersecurity
UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.
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BT Business appoints Jon James as new CEO
This month
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leadership
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growth
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bt group
Jon James has been appointed as CEO of BT Business, set to take the helm next month, as the company shifts focus towards the UK market.
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UK tech firms face financial obstacles to scaling growth
Last month
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capital management
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investment
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funding
A report by Menzies reveals 90% of UK tech firms face significant financial hurdles, with high operational costs and funding difficulties limiting growth.
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Government support gaps hinder UK tech innovation growth
Last month
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grants
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venture capital
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smes
An expert panel has raised concerns about government support for UK tech innovation, highlighting gaps that threaten the growth of SMEs seeking R&D funding.
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Gamma to acquire STARFACE to boost cloud market in Europe
Last month
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uc
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telco
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telephony
Gamma plans to acquire STARFACE Group from Maxburg to strengthen its foothold in Europe's cloud communications market, pending regulatory approval.
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James Cameron leads JLL's energy role in Asia Pacific
Last month
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digitalisation
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hsbc
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jll
James Cameron has been appointed Head of Energy & Infrastructure for Asia Pacific at JLL, driving the firm's expansion in the region from Singapore.
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Safety tech sector sees $6.3 billion investment rise
Wed, 18th Dec 2024
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genai
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ai
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cybersecurity
Paladin Capital Group's latest report reveals global Safety Tech investment has surged to $6.3 billion, highlighting steady sector growth amid rising digital threats.
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Integrity360 debuts managed service to bolster cyber defence
Tue, 3rd Dec 2024
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iot
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advanced persistent threat protection
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ai
Integrity360 has launched a Managed Attack Surface Management service to bolster cyber resilience across IT, OT, and IoT environments, leveraging AI and automation.
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Syspro expands UK presence with NexSys acquisition
Tue, 3rd Dec 2024
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supply chain & logistics
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syspro
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visibility
SYSPRO has acquired UK software provider NexSys, enhancing its presence in the UK and broadening its European reach as part of growth strategy.
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GTCR invests $1.33bn in Tricentis, valuing at $4.5bn
Mon, 2nd Dec 2024
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digital transformation
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leadership
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investment
Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.
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Litera acquires Office & Dragons to boost legal tech
Fri, 29th Nov 2024
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genai
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ai
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legal tech
Litera has acquired Office & Dragons to enhance its legal tech offerings, leveraging automation and AI to improve document workflows for legal professionals.
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MSP sector faces consolidation surge with CGT changes
Fri, 22nd Nov 2024
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hyperscale
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microsoft
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servicenow
The Managed Service Provider sector is facing an M&A surge, driven by tax changes and private equity strategies, raising concerns about integration challenges.
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Marketing budgets rise in 2024, AI drives strategic growth
Fri, 15th Nov 2024
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fintech
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iot
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digital advertising
A survey by 10Fold reveals 65% of marketing leaders in the US, Canada, and Europe anticipate larger budgets in 2024, despite fewer KPI pressures.
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CVC & CD&R finalise investment in Epicor software firm
Fri, 8th Nov 2024
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investment
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epicor
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cvc
CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.
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Ben Sekhon named regional VP for OutSystems UK & Ireland
Thu, 31st Oct 2024
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low-code
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genai
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ai
Ben Sekhon has been appointed Regional Vice President for the UK and Ireland at OutSystems, focusing on AI-driven strategic growth in the region.
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TTC Group appoints Roy Hastings as new Chief Financial Officer
Wed, 16th Oct 2024
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cfo
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m&a
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nhs
TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.
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Open ECX expands team as business grows across sectors
Fri, 11th Oct 2024
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saas
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physical security
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erp
Open ECX expands into new sectors, creating multiple roles as it seeks to enhance services for its growing clientele across various industries.