Join

Enter Details

Comment on stories, receive email newsletters & alerts.

@
This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters

Subscribe

Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details


Back to log in

These are the 10 biggest deals in the Australian startup sector last quarter

Unlockd CEO Matt Berriman.

Right Click Capital has released its latest Internet Dealbook Report for the quarter ending June, and has revealed the 10 biggest deals seen in the Australia in that time.

Mobile telecommunications provider Amaysim’s massive acquisition of online electricity retailer Click Energy in April topped the rankings with a value of $120 million, while registry firm Link Group’s $64.7 million investment into online conveyancing provider PEXA came in at second.

All up Right Click Capital reported $481.1 million of investment and acquisition deals took place in Australia in the June quarter, through 58 publicly revealed transactions. The software and services sector dominates Australian tech, with 45% of the deals in that period coming from that field.

The average investment value was $9.9 million and the average value of acquisitions came to $40.7 million, no doubt dragged up by the Amaysim-Click deal.

Here are the 10 biggest Australian deals from the quarter ending June:

Top 10 startup investment/acquisition deals in Australia for June 2017 quarter. (Source: Right Click Capital, Internet Dealbook)

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.