Login
Payroll software provider takes majority stake in Roubler
DLA Piper has advised on a M&A transaction which sees enterprise resource planning and payroll software provider, MYOB, nab a majority stake in Roubler.
Emma Musgrave
Firm: DLA Piper (Carthona Capital); Undisclosed (MYOB)
Value: Undisclosed
Area: M&A
Key players: The team advising Carthona Capital was led by DLA Piper corporate partner David Ryan and special counsel James McCarthy.
Deal significance: Roubler was founded in 2015 by Andrew Northcott. The company is described as “an end-to-end workforce management platform” which services Australian businesses. Carthona Capital had previously invested in Roubler in late 2019 as part of Roubler’s Series A round.
Meanwhile, MYOB is described as “a leading provider of Enterprise Resource Planning (ERP) and Payroll Software (PS)” in Australia and New Zealand.
According to a statement from DLA, this transaction will see MYOB integrate Roubler’s unique workforce management platform functionality within its ERP and PS suite, MYOB Advanced, resulting in a powerful end-to-end business management platform.
“We are excited to have been involved in this transaction, and to be able to help these businesses in achieving their goal of supporting mid-market businesses fulfil their growth potential across Australia and New Zealand,” Mr Ryan said, commenting off the back of the transaction.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
