Scheme Completed Sponsor buyer
HgCapital LLP acquisition of Envirosuite
A$132m equity value
Announced 12 May 2025 · ASX: EVS · A$0.09 cash per share · 109% premium
Advisers
Envirosuite
Target
- Financial adviser
- Legal adviser
- Mallesons (as King & Wood Mallesons)
- Independent expert
Ideagen
Acquirer
Not disclosed
- Target
- Envirosuite
- Acquirer
- Ideagen
- Sponsor
- HgCapital LLP
- Seller
- Thorney Technologies
- Structure
- Scheme of arrangement
- Completed
- 20 Aug 2025
- Sector
- Software
In the league tables
Similar deals
- Catapult Sports acquisition of IMPECT Oct 2025 · A$140m · Software
- Acquisition of Energy One Sep 2026 · A$100m · Software
- Energy One acquisition of Gas Management Services Aug 2026 · A$99.8m · Software
- Vector Capital Management, L.P. acquisition of Bigtincan Holdings Apr 2025 · A$183m · Software
- Tangerpay and CleanCloud merger Sep 2026 · A$70m · Software
Sources
- 12 May 2025 EVS enters into Scheme Implementation Deed with Ideagen ASX
- 1 Jul 2025 Scheme Booklet registered with ASIC ASX
- 20 Aug 2025 Implementation of Scheme of Arrangement ASX
- 26 Aug 2025 Thorney Technologies Ltd Annual Report 2025 (Chairman’s Letter dated 26 August 2025) thorney.com.au

