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How Will Scalare’s $5.5M Tank Stream Labs Deal Transform Australia’s Tech Scene?
10:12am on Monday 14th of July, 2025 AEST
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Technology
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How Will Scalare’s $5.5M Tank Stream Labs Deal Transform Australia’s Tech Scene?
10:12am on Monday 14th of July, 2025 AEST
Key Points
Acquisition of Tank Stream Labs for $5.5 million including cash, shares, and deferred payments
Tank Stream Labs expected to generate $15 million revenue and be EBITDA positive in FY26
Tank Stream CEO Bradley Delamare to remain and lead growth initiatives post-acquisition
Deal completion contingent on shareholder approval and capital raising by late August 2025
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