September kept up the pace set across the year, with consolidation the clearest throughline. Managed services providers continued to roll up regional operators at a steady clip, an offshore compliance specialist used an acquisition to buy its way into the Australian government market, and fresh capital kept pouring into the AI infrastructure build-out.
Announced 28 September 2026 | Value: Undisclosed
Evergreen's Lyra Technology Group has acquired Adelaide-based Concept Data and its sister business Voice Select, marking Evergreen's fifth ANZ acquisition this quarter. Concept Data, founded in 2014, provides managed IT, cyber security and compliance, Microsoft 365 and cloud services, and strategic technology advisory. Voice Select specialises in hosted voice, VoIP and carrier services.
Both businesses will continue to operate independently under their existing brands, with founder Gary Paradise and the team remaining in place, a structure consistent with Lyra's partnership model across its other ANZ acquisitions.
The deal underlines how aggressively US-backed consolidators are still building density in Australia's MSP market, even as multiples elsewhere in tech soften.
Announced 22 September 2026 | Value: Undisclosed
US cybersecurity compliance auditor A-LIGN has acquired AssurePoint, a cloud security assessment firm, marking its formal entry into the Australian market. AssurePoint's core value lies in its accreditation under the Infosec Registered Assessors Program (IRAP), the certification required to assess systems for Australian government and defence work.
The acquisition lets A-LIGN bolt IRAP assessments onto its existing SOC 2 and ISO 27001 offering, giving it an immediate, credentialed foothold in a government security-assessment market that is otherwise slow and costly to enter organically.
It is A-LIGN's second acquisition this month, following its purchase of Montana-based offensive security firm Pathfynder, a sign of a broader buy-and-build strategy rather than a one-off regional play.
Announced 16 September 2026 | Value: Undisclosed
Canberra-based xAmplify has acquired Perth's Accelerate IT Solutions , an elite ServiceNow implementation partner focused on government, education, and mining and utilities clients. It is xAmplify's third acquisition in twelve months, following Green Cloud Consulting and CTO Group.
The deal gives xAmplify its first Western Australian base and takes the combined group past 250 staff across five locations. Founders John Boyland and Mayank Verma will remain with the business.
xAmplify's acquisition spree has run alongside a strategic investment from Macquarie Capital after an earlier planned merger fell through, a reminder that platform-building in the mid-market IT services space is now as much about capital structure as it is about client lists.
Announced 9 September 2026 | Value: Multi-billion dollar build-out (targeting up to 2GW of capacity by 2027)
NVIDIA has expanded its partnership with Australian AI infrastructure developers Firmus Technologies and IREN, committing land, power and shell capacity to host successive generations of NVIDIA’s DSX compute platform. The partners are targeting close to 2 gigawatts of AI data centre capacity by 2027.
The announcement lands as Firmus prepares a flagged multi-billion-dollar ASX float, having already raised substantial capital to fund its data-centre roll-out, with projects under way or approved in Tasmania and further sites planned across South Australia, Victoria, NSW, WA and the ACT.
It is the clearest signal yet that the next wave of Australian tech capital formation is being built around sovereign compute rather than software.
Announced 28 August 2026 | Value: Reportedly approximately $78 million
MUFG Pension & Market Services has entered a binding scheme to acquire Grow Technology Services (GROW Inc), the Australian superannuation administration software provider founded by Josh Wilson and Matthew Keeley in 2017. MUFG says the deal will expand its retirement solutions technology suite in Australia.
The reported $78 million price is a steep fall from the roughly $250 million valuation Grow carried as recently as last year, with earlier-round shareholders left without cash consideration under the scheme terms.
The deal is a useful counterweight to the AI infrastructure headlines above: capital is still willing to back category leaders, but growth-stage software businesses that haven't reached profitability are being repriced hard by buyers who no longer need to compete for scarce assets.
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