Open Access Pty Ltd
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Open Access Pty Ltd - overview
Location
Sydney, NSW, Australia
Primary Industry
Software
About
Open Access Pty Ltd is an Australian technology company that offers innovative solutions designed to enhance operational efficiency across diverse industries, catering to the unique needs of its clientele. Open Access Pty Ltd specializes in advanced technological solutions targeted at improving business operations. The company was established in Sydney, Australia. It has undergone strategic developments to enhance its service offerings.
The firm has a notable milestone, having been acquired by HQ Equita in July 2018, solidifying its position in the market. Open Access Pty Ltd specializes in delivering innovative solutions tailored to meet the diverse needs of its customer base. The company's core product offerings include advanced technological tools designed for efficiency and effectiveness in various industries. These products address specific challenges faced by businesses, enhancing operational workflows and streamlining processes.
The primary end users of these offerings encompass enterprises seeking to optimize their performance. The geographical markets served by the company include Australia and select regions in Asia-Pacific, where it has established a strong presence among businesses that value cutting-edge solutions. Revenue generation for the company is primarily structured through B2B transactions that facilitate direct engagements with clients. Typical business transactions involve customized service agreements, where clients subscribe to specific product offerings tailored to their operational requirements.
Pricing plans are structured to accommodate various scales of business, ensuring accessibility for small to medium enterprises, as well as larger corporations. The flagship products, recognized for their quality and reliability, contribute significantly to the company's revenue stream. These structured partnerships and service agreements enable the company to maintain a steady flow of income while fostering long-term relationships with its client base. Following its acquisition by HQ Equita in July 2018, Open Access Pty Ltd is focusing on expanding its product line and enhancing its market presence.
The company is currently developing new solutions aimed at addressing emerging technological challenges, with planned launches in late 2023. Furthermore, Open Access intends to penetrate additional markets within the Asia-Pacific region by 2024, leveraging the resources provided by the recent acquisition to support these growth initiatives.
Primary Industry
Software
Sub Industries
Conferencing Software
Website
www.oa.com.au
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Open Access Pty Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Open Access Pty Ltd | - |
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