1 September, 2025
In a market increasingly driven by technology and data, mergers and acquisitions are a powerful tool for companies to accelerate their strategic goals. From fortifying digital infrastructure to expanding global footprints, these transactions offer a direct look at where investment and innovation are headed. Here’s a summary of seven recent deals that showcase the diverse strategies shaping today's business landscape.
CoStar Group completes acquisition of Domain
- Date: August 27, 2025
- Value: A$3 billion
- CoStar Group, a US-based real estate data and analytics company, has completed its acquisition of Domain, one of Australia's leading property marketplaces.
- The deal involved an all-cash offer of A$4.43 per share to Domain shareholders. This offer, made through a Scheme of Arrangement, values Domain at an implied enterprise value of A$3.0 billion.
- The acquisition is a strategic move for CoStar to expand its global footprint and apply its "pro-agent" business model, which it successfully used with its Homes.com brand in the U.S., to the Australian market.
Accenture acquires CyberCX in its largest-ever cybersecurity deal
- Date: August 14, 2025
- Value: Over A$1billion
- Accenture, a global professional services company, has acquired the Australian-based cybersecurity firm CyberCX. This acquisition is Accenture's largest-ever deal in the cybersecurity sector, significantly expanding its footprint in the Asia Pacific region.
- CyberCX will be integrated into Accenture's security services to enhance its capabilities in areas like offensive security, threat intelligence, and cyber physical security. This move responds to the growing demand for advanced digital security amid increasing cyber threats.
- This is the latest in a series of strategic acquisitions for Accenture, marking its 20th security-related purchase since 2015, as the company continues to build its global cybersecurity portfolio.
Spark sells 75% stake in data center business to PEP
- Date: August 12, 2025
- Value: Up to $346.9 million
- Spark New Zealand has finalized a deal to sell a 75% interest in its data center business to Pacific Equity Partners. This deal values the entire business at up to $416 million.
- The transaction is a strategic move for Spark, as it will receive $287 million in cash upfront and additional $57.8 million is payable by the end of 2027, subject to performance criteria. Proceeds will be used to reduce group net debt.
- The deal will create a new, standalone company called "DC Co" with Spark retaining a 25% stake to continue participating in the growing data center market. The new entity plans to add 130MW of new data center capacity.
xAmplify acquires CTO Group
- Date: August 11, 2025
- Value: Undisclosed
- xAmplify , a digital consultancy, has acquired Canberra-based IT advisory firm, CTO Group (Australia). The acquisition follows a strategic investment from Macquarie Capital and an abandoned merger with CSO Group.
- The move is a strategic one to expand xAmplify's capabilities in cloud infrastructure, enterprise platforms, and intelligent automation, allowing it to better serve Australian public sector clients.
- CTO Group, founded in 2010, brings expertise in digital transformation, governance, and security architecture, as well as a strong client base of federal government entities.
DyFlex acquires fellow SAP partner Bluetree
- Date: August 8, 2025
- Value: Undisclosed
- DyFlex Solutions, a Perth-based provider of business solutions with a focus on SAP ERP systems, has acquired Bluetree Solutions, an Australian consulting firm specializing in planning and analytics services.
- The acquisition comes after DyFlex's announcement of a strategic partnership with private equity firm Five V Capital earlier this year, aimed at accelerating the company's growth with the goal of becoming Australia's top independent full-service SAP partner.
- The acquisition enhances DyFlex's capabilities across the full SAP stack and boosts its AI-readiness, particularly in SAP Datasphere and Analytics Cloud.
TPG acquires Infomedia for A$651 million
- Date: August 6, 2025
- Value: A$651million
- TPG's Asia-focused private equity division has agreed to acquire Infomedia, a Sydney-based automotive software company. The acquisition is an all-cash deal.
- The offer of A$1.72 per share represents more than 30% premium over Infomedia's closing stock price and is subject to shareholder and regulatory approvals, including from Australia's Foreign Investment Review Board (FIRB).
- The acquisition marks a strategic move by TPG to expand its global portfolio of enterprise software assets and is aimed at accelerating Infomedia's international expansion and growth.
Atturra acquires Melbourne's Blue Connections
- Date: July 31, 2025
- Value: $25.5 million
- Atturra, through its subsidiary Cirrus Networks, is set to acquire Melbourne-based IT solutions and services provider Blue Connections IT.
- The deal is a strategic move to create a key operational hub in Victoria, enabling Atturra to scale its managed services nationally and expand its client base.
- The total deal value includes an initial cash payment of $18 million and a further $7.5 million in cash or shares based on audited earnings before interest and taxes (EBIT) targets for the 2026 and 2027 financial years, as well as the retention of key staff.
The deals featured here demonstrate that M&A is more than just a financial transaction - it's a strategic catalyst for growth. They highlight a clear focus on acquiring key technological capabilities, establishing new market footholds, and creating synergies that will drive long-term value. As companies continue to evolve in a digital-first world, expect M&A to remain a key lever for transformation and expansion.