Tech M&A Tracker - xAmplify, Vection Technologies, archTIS and more

Our Tech M&A Tracker rounds up all the mergers and acquisition activity within both the local and international technology industry this past fortnight. Send your M&A news to editors@techpartner.news

For our sister series covering local people movements, click here.

xAmplify acquires TechnologyOne specialist Green Cloud Consulting

Green Cloud Consulting's services cover project implementation and advice; systems optimisation; in-house training and mentoring; system administration; software testing and UAT assistance; tailored reporting; system reviews; and licence reviews. Customers of the company include QSuper, City of Newcastle, NIB and The Salvation Army.

Vection Technologies to acquire Australian digital automation business

Digital Experience Labs has enterprise customers in government, insurance and adjacent sectors. The company offers tools around process and workflow automation, intelligent rules engine automation and platform integration, positioned as complimentary to a business’ existing technology stack and AI technologies.

archTIS acquires data discovery and classification solutions provider

archTIS gains direct access to Spirion’s portfolio of over 150 customers across various industries, including enterprise customers in healthcare, financial services, government, and education, predominantly in North America. Spirion’s Data Security Posture Management (DSPM) offerings are "highly complementary" to archTIS’ Data Access Governance (DAG) solutions, according to the two companies.

Geotab acquires Verizon Connect’s telematics business in Australia

Verizon Connect offers GPS tracking, asset tracking, maintenance, fuel tax reporting, integrated video and mobile apps for fleet management. Geotab will welcome over 400 Verizon Connect employees from across Australia and Europe as part of the acquisition.

Australian tech investment firm Scalare Partners acquires Planet Startup

The acquisition addresses what Scalare Partners says is a "critical gap" in the startup ecosystem by providing founders with executive-level financial management expertise, without the "prohibitive cost" of hiring full-time CFOs. It also strengthens Scalare's ability to support portfolio companies and the broader tech community with comprehensive end-to-end critical services, from ideation through to exit.

NRW Holdings completes acquisition of Fredon Industries

NRW Holdings, a provider of diversified contract services to the government, resources, industrial and infrastructure sectors in Australia, has acquired Freon Industries for an enterprise value of up to AU$200 million on a debt free cash free basis. 

Fredon, established in 1968, is a national provider of electrical, mechanical (HVAC), infrastructure, technology and maintenance services (EMIT). Fredon’s executive management will remain with the business, as will its workforce of ~2,500.

The completion payment was funded through NRW’s existing finance facilities and a further earn out payment of up to $60 million in cash is payable after Fredon’s CY25 results, subject to performance hurdles.

Fredon's technology product offerings include a range of equipment from vendors all supported locally, comprising of video conferencing products, display systems, audio equipment and control systems. The company also offers a variety of Microsoft Teams-certified meeting room deployments and separately claims to have "been involved in the design, delivery and maintenance of some of Australia’s most critical data centres".

NRW will consolidate the results of Fredon from the date of completion and accordingly is providing updated guidance for FY26. NRW’s updated guidance for FY26 is revenue to be in excess of $4 billion, along with underlying EBITA of between $255 million to $265 million.

Kaseya acquires AI-powered email security provider INKY

INKY, built for MSPs and SMBs, combines generative AI, behavioral analysis and real-time user coaching to aim to stop phishing and impersonation attacks. Rather than simply blocking messages, INKY’s contextual intelligence alerts users to potential risks directly within their inbox. INKY will be available as a stand-alone product and included as part of Kaseya 365 User.

Qualtrics to buy Press Ganey Forsta for $6.75 billion

Qualtrics has signed a definitive agreement to acquire Press Ganey Forsta, a provider of experience measurement and data analytics. In healthcare, Press Ganey Forsta is used globally by 41,000 providers in 30 countries. Under the terms of the agreement, Qualtrics will acquire Press Ganey Forsta for US$6.75 billion, payable in a combination of cash and equity. The transaction is subject to receipt of required regulatory approvals and satisfaction or waiver of other customary closing conditions, and is expected to close in the coming months. Until then, the two companies will continue to operate independently.