Go to deals
Business Support Services | TMT

Definitiv has been acquired by Access Group

BoardRoom has sold Definitiv to Access Group.

Definitiv is one of the leading payroll SaaS and outsourcing providers in Australia. Since it was launched in 2016, it has established a strong track record of competing with tier one global competitors to win and service large and complex enterprises. Definitive has built a comprehensive cloud-based people management and payroll software platform designed for medium to large enterprises. Its scalable and configurable platform presents viable opportunities to expand globally. The firm currently has a contracted and confirmed US$2.6 million ARR, which represents 18,836 subscribed licenses and 7,486 outsourced pay slips. Management sees strong organic growth opportunities and the business is forecast to achieve over US$17.7million ARR by June 2024.

Access Group is a leading provider of business management software and solutions to mid-sized UK and Asia-Pacific organizations.

BoardRoom is ranked amongst “Forbes Asia’s Top 200 Companies Under A Billion”. The group currently services over 7,300 clients across 22 locations worldwide and is the third-largest share registry provider in Australia. Over the past five years, the company has aggressively invested in technology advancements and diversified its service offering to include payroll, bookkeeping, recruitment and corporate secretarial services..

Oaklins’ team in Australia has a long-standing relationship with BoardRoom, Asia-Pacific’s leader in corporate and advisory services, with a strong and reputable 50-year track record. The sale of Definitiv highlights our Oaklins cross-border capabilities in conjunction with Oaklins Cavendish, bringing Access Group to the transaction.

Parties

Talk to the deal team

Scott McInnes

Managing Director
Melbourne, Australia
Oaklins Henslow

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Ryan Whitelegg

Managing Director
Melbourne, Australia
Oaklins Henslow

Related deals

Main Capital Partners has acquired a majority stake in CarWise and AutoDisk
Private Equity | Automotive | TMT

Main Capital Partners has acquired a majority stake in CarWise and AutoDisk

CarWise and AutoDisk (together “CarWise”), leading providers of integrated front-, mid- and back-office ERP software for the leasing and car rental sector in the Benelux, have sold a majority stake to Main Capital Partners (“Main”), a prominent European software investor.

Learn more
RAM Infotechnology has acquired Interoperability Group with support from Keensight Capital
Private Equity | Healthcare | TMT

RAM Infotechnology has acquired Interoperability Group with support from Keensight Capital

RAM Infotechnology (RAM-IT) has acquired Interoperability Group, a leading Dutch provider of healthcare IT solutions, with the support of Keensight Capital, a leading European growth buy-out investor specializing in technology and healthcare.

Learn more
GroupTalk has been acquired by AddSecure
TMT

GroupTalk has been acquired by AddSecure

The private shareholders of GroupTalk have sold the company to AddSecure, a leading European provider of secure IoT connectivity and end-to-end solutions. This acquisition supports AddSecure’s strategic goal of expanding its offering in secure critical communications.

Learn more