SYDNEY: Dynamic Group Holdings Limited (ASX: DDB) is excited to announce the appointment of Mr Darren Guild as the new Chief Executive Officer, following an extensive search process. He will lead the group’s companies, which include Dynamic Drill & Blast, Welldrill, and Orlando Drilling. Mr Guild succeeds Mr Gregg Barnard, who served as interim CEO…
COSOL to acquire data intelligence leader, Toustone for $22.4 million
To enhance its data analytics and decision intelligence capabilities, COSOL has announced to acquire Toustone Pty Ltd, a renowned company specializing in data analytics, predictive analytics, and decision intelligence. The acquisition is valued at up to $22.4 million. Toustone has earned its reputation by developing proprietary data platforms that generate revenues through ARR software subscriptions,…
IRIS Software signs deal to acquire Dext Software
LONDON: IRIS Software Group, a leading global provider of accountancy, education management, HR and payroll solutions, today announced a definitive agreement to acquire Dext Software Ltd, a leading bookkeeping automation platform provider. The acquisition will unite two sector-leading cloud-based platforms – Dext’s Bookkeeping Automation Platform and IRIS Elements – to deliver a complementary and fully…
Resimac Group appoints Pete Lirantzis as new CEO
SYDNEY: Resimac Group Ltd (ASX: RMC) has announced that Mr. Pete Lirantzis will become the Chief Executive Officer in the first half of 2025. Mr. Lirantzis joined Resimac on February 12, 2024, as the Chief Strategy, Products, and Operating Officer. He will replace Ms. Susan Hansen, who is currently serving as the Interim CEO. Ms….
Northern Star to acquire De Grey Mining for $5 billion
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…
Bigblu Broadband to sell Australian subsidiary, SkyMesh, for AUD 50.2 million
LONDON: Bigblu Broadband plc (AIM: BBB.L) has announced plans to sell its Australian subsidiary, SkyMesh Pty Ltd, to SKM Telecommunication Services Pty Ltd, a new company set up by Salter Brothers Asset Management. The deal, known as the “Disposal,” is valued at up to AUD$50.20 million (£25.67 million). Deal Details – Initial Payment: 59.8% of…
Tavistock’s Strategic Shift: £22 million sale to Saltus and ABP acquisition
LONDON: Tavistock Investments has successfully received £22.0 million from the sale of its network of self-employed registered individuals to The Saltus Partnership Holdings LLP. This deal, announced in October 2024, completes Tavistock’s plan to reduce its network of third-party firms and boosts its capital for growth. This sale marks the start of a new phase…
Pulsar Group has sold its shareholding in TrackRecord Holdings
LONDON: Pulsar Group Plc (AIM: PULS), the technology innovator delivering Software-as-a-Service (SaaS) solutions for the global marketing and communications industries, has sold the majority of its 21% shareholding in TrackRecord Holdings Limited, the holding company of compliance management company Trailight, for a cash consideration of £1.4m. Pulsar now retains a 1% shareholding in TrackRecord Holdings…
K3 Business Technology Group announces sale of NexSys to SYSPRO for £36 million
LONDON: The Board of K3 Business Technology announced an agreement with SYSPRO, a global ERP software provider controlled by Advent, to sell K3’s subsidiary, NexSys, for £36 million. NexSys, a leading SYSPRO partner in the UK, has over 40 years of experience in providing business software solutions. Financial Details – NexSys generated £12.1m revenue and…
Supreme Plc has acquired Typhoo Tea Limited for £10.2 million
LONDON: Supreme Plc (AIM: SUP), a leading manufacturer, supplier, and brand owner of fast-moving consumer goods, has acquired trade and selected assets of Typhoo Tea Limited, a long-established and well-known British tea brand, for a total cash consideration of £10.2 million out of administration. The deal includes Typhoo Tea’s stock and trade debtors with a…
Cirrus Networks Holdings agrees to acquire Auckland based Plan B
SYDNEY: Atturra Limited (ASX: ATA), a leading technology services business in designing, implementing, and maintaining IT solutions, announced that its subsidiary, Cirrus Networks Holdings Pty Ltd, has exchanged a Share Sale Agreement (SSA) to acquire Plan B. Proceeds from the recent capital raise will be used to fund the purchase price for the acquisition. Auckland…
Baker Steel Resources announces sale of Nussir ASA shares to Blue Moon Metals
LONDON: Baker Steel Resources Trust Limited has announced that, along with the three other main shareholders, it has agreed to sell its shares in Nussir ASA to Blue Moon Metals Inc, a company listed on the TSX-V stock exchange. This sale represents 70.8% of Nussir’s issued share capital, valuing Nussir at $55.3 million. The transaction…