Latest It Services News

Scalare Partners has acquired Fishburners, Australia’s largest startup community, to deepen its founder network and expand integrated support services across the country.

LDR Capital Property Fund has initiated its portfolio repositioning strategy by exchanging contracts to sell a secondary office asset in Cannon Hill for $24.8 million, aiming to recycle non-core assets and reduce debt without affecting FY26 distributions.

Spenda Limited (ASX: SPX) has voluntarily suspended trading of its shares from 2 June 2026 to manage disclosure around its institutional accelerated renounceable entitlement offer (AREO). The suspension is expected to last until 10 June or until the AREO results are announced.

Janison Education Group has wrapped up its largest FY26 assessment programs including NAPLAN and its first New Zealand Ministry of Education event, while progressing AI capabilities and navigating a $3 million revenue impact from exiting NSW venue hire services.

Stakk Ltd has secured a significant U.S. healthcare technology contract, pushing its annualised revenue run rate to approximately A$26 million. The deal highlights accelerating adoption of its AI-native Digital Trust platform across regulated industries.

TPG Telecom’s 2026 Investor Day reaffirmed FY26 EBITDA guidance and outlined a medium-term plan focused on mobile revenue growth, digital transformation, and cost efficiency, supported by a robust balance sheet ahead of spectrum licence renewals.

Tasmea Limited is set to acquire Maxim Group for up to A$254 million, bolstering its presence in Victoria and accelerating exposure to high-growth sectors like Data Centres, BESS, and Infrastructure. The deal promises immediate EPS accretion of around 31% and positions Tasmea as one of the largest electrical contractors on the ASX.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Kelsian’s Transit Systems West has locked in a two-year extension for Sydney’s Region 6 bus services, adding $500 million in revenue and advancing its electric bus fleet rollout.

SRG Global has locked in $1.85 billion in contracts across multiple sectors and upgraded its FY26 EBITDA guidance to the top end of $168 million, while initiating FY27 guidance between $190 million and $200 million, surpassing market expectations.

Ventia Services Group has secured a five-year, $133 million extension to manage the Australian Marine Complex-Common User Facility in Henderson, reinforcing its role in Australia's maritime and defence infrastructure.

Green Cross Health plans to sell its Medical division, The Doctors, for NZ$270 million to Tend Health, refocusing on its pharmacy business. Completion hinges on shareholder approval expected by July 2026.