Tally Group Merger (2021)

Case Study

Date

September 27, 2021

Client

Tally Group Limited

Title

Corporate Advisor to Talley Group on $71m merger with Agility CIS

Deal Value

A$71m

Services provided

Background

  • Based in Melbourne, Tally Group Limited (Tally Group or the Company) is a cloud-native SaaS technology provider which designs, builds and operates next-generation software that automates billing, empowers customers and fast-tracks innovation
  • The company engaged AE as an independent corporate advisor on its merger with Agility CIS, a leading retail energy solutions provider. The combined venture will allow the companies to take their solutions to a more global market

Our role

  • Assisted Tally Group in their $74m merger with Agility CIS
  • AE provided end to end transaction management support including initial negotiations and structuring, through to deal closure

Outcomes

  • Tally Group successfully completed its $71m merger with Agility CIS in September 2021
  • The merger will enable the two businesses to combine their strengths to further support customers with industry expertise and the latest technology platform in the industry

Tally Group Merger (2021)

Position

Background Based in Melbourne, Tally Group Limited (Tally Group or the Company) is a cloud-native SaaS technology provider which designs, builds and operates next-generation software that automates billing, empowers customers and fast-tracks innovation The company engaged AE as an independent corporate advisor on its merger with Agility CIS, a leading retail energy solutions provider. The […]