Australia’s software sector is better than we realise. And it’s not just start-ups – there are proven and profitable software companies operating globally out of Australia, out of the limelight and away from the ASX boards.
Billionaire private equity investor Jean Eric Salata has bought three of them in the past year – school-parent communications and fees platform Compass Education; gaming company Mighty Build and Test; and human-resources software group PageUp. And now he has his eyes on a fourth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.