gWorks, a leading software provider for local governments and public agencies, has announced the acquisition of Freedom Systems, a Pennsylvania-based software firm with a longstanding reputation in the industry. Effective March 27, 2024, the acquisition is a key component of gWorks’ growth strategy, marking its seventh acquisition in a decade and the fourth in the…
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Julieann Esper Rainville becomes new CEO of Power Factors
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board of Directors, according to a news release. Esper Rainville has over 27 years of software…
Gentrack reports 36.4% surge in revenues to $169.8 million in 2023
AUCKLAND: Gentrack, a leading provider of software solutions for utilities and airports, announced its financial results for the year 2023, showing impressive growth in revenue, EBITDA, cash, and net profit. The company also highlighted its strategic achievements, such as launching its new g2.0 platform, winning new customers in the Middle East, Southeast Asia, and Europe,…
Marlowe sells GRC software and services assets for £430 million
LONDON, UK: Marlowe plc, the UK leader in business-critical services and software which assure regulatory compliance, has agreed to sell some of its Governance, Risk & Compliance (GRC) software and services assets to Inflexion Private Equity for £430 million. The deal includes the following business lines: WorkNest, Vinciworks, William Martin, Elogbooks, Barbour, IMSM & Corestream.…
Objective Corporation reports strong first half results and outlook for FY2024
SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual recurring revenue (ARR), profitability and customer value. The company’s ARR increased by 15% year-on-year to $82.6 million, driven by strong demand for its cloud-based content…
Axway in talks to buy most of Sopra Banking Software for €330m
Axway, a global software company, announced today that it has entered into exclusive discussions to acquire most of the activities of Sopra Banking Software (SBS), a subsidiary of Sopra Steria Group and a provider of banking and financial software. The deal, valued at €330m, would create a new enterprise software house with critical scale, able…
Hansen Technologies acquires German software firm powercloud GmbH for EUR 30m
SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…
Radformation and Icon Group join forces to transform cancer care
BRISBANE: Radformation, a leader in radiation oncology software, and Icon Group, a global provider of cancer care, have announced a strategic partnership to improve treatment planning and quality assurance workflows. The collaboration will leverage the expertise of both innovators to deliver groundbreaking solutions that simplify and enhance the delivery of personalised cancer treatment. Radformation’s software,…
HighRadius acquires Cforia Software to expand its autonomous finance solutions
HighRadius, the leading provider of cloud-based autonomous software for the office of the CFO, announced the acquisition of Cforia Software, a leading provider of billing and collections automation software, on February 2nd, 2024. The acquisition will enhance HighRadius’ capabilities in order-to-cash, treasury, and record-to-report processes, and bring a diverse set of clients from various industries.…
TradeWindow to acquire Auckland-based Rfider for $10mn
AUCKLAND, NZ: TradeWindow (NZX: TWL), a leading Australasian trade tech company headquartered in Takapuna Auckland, has announced a conditional agreement to acquire the business and assets of Rfider Limited, an Auckland-based software company. Rfider has developed a mobile interface that can be rapidly deployed in complex supply chains to capture many points of data. TradeWindow…
Xero Limited to acquire Planday for upto €183.5 million
WELLINGTON: Xero Limited announced the acquisition of Planday, a leading workforce management platform with more than 350,000 employee users across Europe and the UK that simplifies employee scheduling, allowing businesses to forecast and manage their labour costs. Aligned with Xero’s strategic priority to grow the small business platform, the acquisition of Planday will help more…
Veristar LLC acquires Planet Data Solutions
CHICAGO: Veristar LLC has acquired Planet Data, accelerating the firm’s offerings and solutions for corporate legal departments and law firms, a news release said without disclosing financial terms of the transaction. Planet Data Solutions Inc. will sell its assets to Veristar. Planet Data’s Exego software division will operate under a separate Exego LLC. “We are…