BoardRoom has acquired a strategic stake in Definitiv International
BoardRoom Pty Ltd has completed an 11.5% strategic investment in Definitiv International Pty Ltd. Under the terms of the agreement, BoardRoom has the option to increase its ownership to 51.5% at two-staged acquisition points.
BoardRoom provides comprehensive services to listed and unlisted entities, public and private and member-based organizations. Its services include securities registry management, employee equity plan management, corporate secretarial services and payroll administration. It is one of the market leaders within the corporate service sector, with more than 500 clients in Australia. BoardRoom Pty Ltd is a subsidiary of BoardRoom Ltd, an SGX-listed professional business services company with operations in Singapore, Malaysia, Hong Kong, Australia and China.
The investment in Definitiv enables BoardRoom to extend its existing payroll and employee equity plan service offering.
Definitiv International is an agile and user-friendly platform that supports over 130 organizations and manages over US$600 million in transactions. The award-winning Definitiv platform is designed by Australian payroll and HR experts and provides a fully integrated payroll and HR management solution.
Oaklins’ team in Australia advised the buyer in this transaction.
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