Sell a business
The franchising sector can expect to see more mergers and acquisitions as smaller franchises struggle to remain profitable, an expert says, after Kleenit acquired competitor Graffiti Gone.
The founders of Instagram are “psyched” to be joining Facebook in a $US1 billion deal, but the backlash from users has highlighted the drawbacks of being acquired by an industry giant.
Taskmaster Enterprises has picked up some valuable lessons from Facebook's $US1 billion takeover of Instagram – and your start-up can too.
US-based enterprise software company Blackboard Inc. has acquired Adelaide company NetSpot for an undisclosed sum, but NetSpot will continue to operate independently.
Australian software giant Atlassian has acquired US-based instant messaging network HipChat for an undisclosed sum.
Melbourne start-up Booki.sh has been acquired by US-based eBook distributor OverDrive for an undisclosed sum, with Booki.sh continuing to operate under its original name.
US group buying giant LivingSocial has acquired Australian start-up Jump On It, one year after taking a 31% stake in the company, in a deal believed to be worth around $40 million.
Retail Food Group’s $30 million acquisition of Pizza Capers will “supercharge” the growth and operations of Pizza Capers’ franchisees, co-founder Anthony Russo says.
Apple has acquired Australian start-up Chomp for around $US50 million but is remaining tight-lipped over what it plans to do with the Chomp app, which is used to search the App Store.
Groupon has acquired two US-based mobile start-ups as it hones in on the mobile market, hot on the heels of new data that shows the mobile, social and deals categories led private tech investments in 2011.
The Asia-Pacific is the second top region for global deals in the internet and technology sector, a new report reveals, with US investors becoming increasingly interested in Australian companies.
The simpler the structure and the more organised your documentation is, the easier and more attractive it will be for the buyer, all other things being equal.
Accountancy software company Xero has raised $15 million to fund global growth and has made its first acquisition for the year, snapping up Max Solutions in a deal worth almost $5 million.
Personal care company The Heat Group has acquired natural skincare retailer Billie Goat Soap for an undisclosed sum, saying it intends to make further acquisitions as it expands its portfolio.
Only 25% of family business owners consider selecting a leadership successor a critical issue, a new report reveals, prompting experts to highlight the importance of exit planning.
Twitter has acquired social aggregation service Summify for an undisclosed sum, two years after its Romanian-born founders relocated to Vancouver.
Apptopia, a marketplace designed to help broker the sale of mobile apps, is to launch with the aim of providing an exit strategy for developers and an opportunity for other entrepreneurs.
Australian merger and acquisition activity soared in 2011, thanks to multibillion dollar deals made by major mining companies, but Australian IPO volume was at its lowest level since 2001.
At Taskmaster Enterprises, we won’t promise to do everything for everyone, but we will promise that we’ll be the best at what we do. What will your business promise this year?
Travel rewards redemption company ezRez Software has acquired San Francisco-based start-up Topguest, which includes two Australians among its three co-founders, for an undisclosed sum.