SYDNEY: Hansen Technologies Limited (ASX: HSN), a global provider of industry-specific software, announced on Wednesday it has entered a binding agreement to acquire 100% of UK-based Digitalk Group Holdings Ltd for an enterprise value of £33.1 million (approximately A$66.4 million).
The acquisition, expected to be completed by the end of the 2025 calendar year pending regulatory approvals, will be funded through a mix of Hansen’s existing cash reserves and debt. The deal is projected to be immediately accretive to Hansen’s adjusted earnings per share.
Digitalk, founded in 1996, provides a full-stack “MVNO-in-a-box” platform and a cloud-based wholesale voice trading solution for communication service providers. The company reported unaudited revenue of approximately £10.5 million for the financial year ending June 2025, with over 90% recurring revenue, and a Cash EBITDA of £3.3 million.
Hansen’s CEO and Managing Director, Andrew Hansen, described the acquisition as “highly complementary — technologically, commercially, and culturally.” He noted that the deal expands Hansen’s recurring revenue base and opens new growth avenues in the Mobile Virtual Network Operator (MVNO) and wholesale voice sectors.
The strategic move aims to integrate Digitalk’s MVNO and carrier-grade platforms with Hansen’s existing Global Communications Suite, creating cross-selling opportunities with Hansen’s established customer base. Digitalk serves around 150 customers across more than 30 countries and employs approximately 60 staff, primarily in the UK.