Buy a business
This part two of a series of 10 articles looking at the challenges start-ups face in 2013. Today, we examine the challenges business owners face when it’s time to sell.
We Are Hunted, the Brisbane-based music sharing start-up, has confirmed that it has been acquired by Twitter, with the microblogging site set to launch its own music app.
After weeks of speculation, travel publishing group Lonely Planet has finally confirmed it has been sold to a media group owned by reclusive Kentucky oil and land billionaire Brad Kelley.
Travel company Lonely Planet may be up for sale, with a reclusive tobacco billionaire from the United States who doesn't even have an email account cited as the potential buyer.
Are you contemplating selling or merging your business? If so, there are a few key details you should consider first. BY GREG HAYES.
Australian advertising agency VOLT Media has been acquired by San Francisco-based company Alphabird, less than six months after the two companies announced an exclusive partnership.
Australia had the sixth highest deal volume of any nation last year, according to a new report, which shows total acquisition value in the Asia-Pacific rose 258% from 2011 to 2012.
Sydney-based start-up Airtasker has made its first acquisition after launching just one year ago, picking up smaller competitor TaskBox, as it seeks to ramp up growth here and overseas.
Nationwide tile retailer Beaumont Tiles appears to be on a spending spree, after making its third major acquisition, purchasing Queensland-based business Majer Tiles for an undisclosed sum.
Two separate reports are saying small business is in for a hard slog in 2013.
Aussie entrepreneur Michael Giles has merged his start-up Roboinvest with an established US stock brokerage and will take the helm of the newly merged business, he has revealed.
US-based start-up success story Dropbox has acquired online photo library Snapjoy for an undisclosed sum, less than one week after its acqui-hire of music streaming service Audiogalaxy.
Fairfax Media has flagged its intention to make digital acquisitions as part of a wider strategy to transform the business from print to digital, despite offloading its 51% stake in Trade Me.
The parent company of Boost Juice has flagged franchising opportunities after acquiring Adelaide-based coffee chain Cibo Espresso, which will now be extended across the country.
Digital advertising venture Rocklive has appointed Bruce Buchanan, the former group chief executive of Jetstar, as its new CEO, with the new boss also taking a substantial stake in the start-up.
Fast food chain Sumo Salad has been bought out by one of Australia's wealthiest families, with the company now planning to triple its 100 locations and even pursue a float on the ASX as it grows beyond the restaurant category and expands its brand.
Insolvency experts predict many businesses might hang on through Christmas but could struggle in the new year.
Yahoo! has acquired video chat broadcasting app OnTheAir less than two months after acquiring mobile recommendations app Stamped.
Israeli company MyHeritage has acquired long-term rival Geni.com after raising $25 million in new funding, as the genealogy industry continues to grow both overseas and in Australia.
Before you take the plunge into business ownership, do your due diligence on what’s right for you. BY OLIVER MILMAN.