30 June 2026
June was a month of building, not just buying. The activity that defined late autumn and early winter was the defensible work that actually reshapes a market: managed-services roll-ups, acquisitive ANZ software platforms buying capability offshore, and the accelerating build-out of sovereign AI infrastructure.
This month we were proud to be in the thick of it. Parable acted as the exclusive advisor to OneHQ on its sale to First Focus, guiding a New Zealand MSP, to the right home for its team and its long-standing clients. It is exactly the kind of outcome we exist to deliver: senior, hands-on advice that helps founders realise the value they have created and find the right partner for the next chapter.
Below we cover five recent transactions across the ANZ and APAC technology landscape — anchored on June, with a couple of significant late-May deals that have not yet featured in our updates. Together they tell a clear story about where capital and conviction are concentrating.
Announced: 3 June 2026 | Value: Undisclosed
First Focus AU has acquired New Zealand managed service provider OneHQ, deepening its local footprint and accelerating its ambition to become New Zealand's leading managed AI and IT services partner. The acquisition takes First Focus to more than 100 staff in New Zealand and over 450 across the ANZ region.
Led for more than two decades by Mark Anyon, OneHQ brings a well-regarded team, long-standing client relationships and deep experience supporting New Zealand businesses across managed support, cybersecurity, cloud and connectivity. The combination strengthens First Focus's position in the SMB and mid-market segment at a time when scale and security capability are increasingly decisive.
The deal is another marker of trans-Tasman MSP consolidation, with established Australian platforms continuing to build density in New Zealand rather than simply servicing it from across the ditch.
Parable acted as the exclusive advisor to OneHQ on this transaction.
Announced: 4 June 2026 | Value: Undisclosed
US-headquartered Evergreen Services Group has acquired Perth-founded managed service provider Office Solutions IT (OSIT), folding it into its Lyra Technology Group portfolio. Evergreen described the transaction as its largest in the ANZ region to date, and its first local acquisition of an MSP that already operates an employee share ownership plan.
OSIT is marking 30 years in business. It supports around 1,000 small and mid-sized organisations and more than 20,000 users across Perth, Sydney and Melbourne, delivering managed IT, cybersecurity, cloud, Microsoft 365 and vCIO advisory services. The business has reportedly grown revenue tenfold over the past decade.
The deal extends one of the most active roll-up strategies in the global MSP market deeper into Australia, and underlines how attractive established, profitable Australian MSPs have become to offshore private-equity-backed consolidators.
Announced: 13 May 2026 | Value: Undisclosed
In a parallel move, Evergreen's Pine Services Group Group made its first acquisition in Australia and the wider Asia-Pacific, buying Brisbane-based ERP consulting and implementation specialist Stratus Consulting Group. It was Pine's 17th portfolio acquisition.
Formed in 2017, Stratus has delivered more than 700 ERP implementations nationally, with an onshore team of over 55 specialists handling system selection, onboarding, integration and ongoing optimisation as organisations migrate off legacy platforms.
Coming within weeks of the OSIT deal, Stratus signals that international PE platforms increasingly view Australia's specialist software-services firms — not just generalist MSPs — as a beachhead into the region.
Announced: May 2026 | Value: ~US$10m
Gentrack's airports division, Veovo, also moved to acquire Dubai Technology Partners (DTP, a Veovo company), a Dubai-based airport technology and services provider, for an enterprise value of approximately US$10 million funded from existing cash. Settlement followed in June.
DTP brings more than 60 specialists and a set of AI-enabled products, including the AirportView app and the tNexus message hub, these will be integrated as bolt-ons across Veovo's network of over 150 airports in 26 countries, while expanding its presence in the fast-growing Middle East aviation market.
Coming soon after Gentrack's acquisition of Factor (Prospero Energy) in May, the DTP deal makes it two in quick succession, marking Gentrack as one of the rarer ANZ tech firms expanding offshore by acquisition rather than waiting to be acquired itself.
Announced: 12 June 2026 | Value: Undisclosed (capacity-based)
Sharon AI, Inc announced a multi-year strategic compute collaboration with NVIDIA to deploy 72 megawatts of new data-centre capacity in Australia, built on NVIDIA's DGX-class AI factory design and scaling toward tens of thousands of Grace Blackwell GB300 GPUs. The agreement lifts Sharon AI's total AI-factory capacity to around 132MW, the majority of it already contracted to end customers.
Days later, Sharon AI expanded a partnership with VAST Data to deploy 600 petabytes of its AI operating system as the foundational data layer for the same sovereign infrastructure.
While not an M&A transaction, the announcements belong in any honest market update: the contest for sovereign AI compute is now one of the most important strategic and capital-allocation themes in Australian technology, fundamentally reshaping where the largest investments are being directed.
The OneHQ sale is a good illustration of what we do. Mark Anyon spent more than two decades building a business with a loyal team and deep client relationships — the kind of value that deserves a careful, well-run process when it comes time to realise it. As exclusive advisor, Parable ran that process end to end and helped OneHQ find a partner in First Focus that was right for its people, its clients and its next chapter.
That is the outcome we exist to deliver for founders and shareholders across the ANZ and APAC technology ecosystem: senior teams who stay hands-on from start to finish and a global network, working to find the right buyer, seller or investor for you.
If you are thinking about your own next move, we would love to talk.
