Latest Managed Services News

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Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.
Maxwell Dee
Maxwell Dee
20 Aug 2025
MyState Limited reports a transformative FY25 with a 64% loan book growth following its merger with Auswide Bank, delivering a 17% rise in underlying profit and declaring a fully franked final dividend.
Claire Turing
Claire Turing
19 Aug 2025
Monadelphous Group Limited reported a robust 12% revenue increase to $2.27 billion and a 35% rise in net profit, driven by strong demand across resources and energy sectors and a record $2.5 billion in new contracts.
Victor Sage
Victor Sage
19 Aug 2025
EVT Limited has launched EVT Connect Hospitality, a new hotel management brand, and announced the $74 million acquisition of Pro-invest Hotels, adding over 3,200 rooms under management across Australia and New Zealand.
Victor Sage
Victor Sage
18 Aug 2025
Pacific Smiles Group Limited reported a sharp 75.5% drop in statutory profit for FY 2025 due to one-off takeover expenses, yet underlying profit surged 38.6% on solid revenue growth and operational improvements.
Ada Torres
Ada Torres
13 Aug 2025
Equity Story Group has raised $200,000 through a strategic share placement at a premium, signaling investor confidence as it expands its wealth management services.
Claire Turing
Claire Turing
11 Aug 2025
Nido Education has completed the acquisition of a new incubator child care service for $2.4 million, adding 82 licensed places and projecting a $0.5 million EBIT boost in 2026. This move underscores the strength of Nido’s de-risked incubation model and its growing national footprint.
Victor Sage
Victor Sage
1 Aug 2025
Thrive Tribe Technologies reports early commercial traction with its new digital services model, alongside a completed 20 – 1 capital consolidation and ongoing funding initiatives.
Sophie Babbage
Sophie Babbage
31 July 2025
Equity Story Group has secured a transformative deal to acquire Baker Young Limited, significantly expanding its wealth advisory footprint and boosting revenue projections by over 400%. Meanwhile, its Growth Fund outperforms benchmarks and a new litigation funding vehicle launches.
Claire Turing
Claire Turing
31 July 2025
Bounty Oil and Gas reported $1.09 million in oil revenue for FY 2025, boosted reserves to 313,000 barrels, and plans to double production with Surat Basin operations starting late 2025. Meanwhile, a Federal Court challenge looms over its Sydney Basin offshore permit.
Maxwell Dee
Maxwell Dee
31 July 2025
Duxton Farms has announced a strategic merger with four private agricultural companies, aiming to significantly expand its asset base and diversify its commodity exposure. The move positions the company for enhanced market presence and long-term growth.
Ada Torres
Ada Torres
31 July 2025
Excite Technology Services has reported its highest-ever quarterly customer receipts of $6.3 million, driven by strong growth across its cybersecurity, digital forensics, and IT services divisions. The company also secured a significant $676,000 Federal Government contract and completed its NANGU Tactical Centre.
Sophie Babbage
Sophie Babbage
31 July 2025