Who is Vela Industries Group?
Vela Industries Group is a serial acquirer based in Australia.
Vela Industries Group
- Type
- serial acquirer
- Headquarters
- Australia
- Website
- velaindustriesgroup.com
- Owned by
- Vela Software Group
How they work
Vela Industries Group is a strategic acquirer of software and technology businesses serving capital-intensive, high-consequence industries. Its focus spans natural resources, telematics, sustainability and business-process optimisation, and it says portfolio leaders operate independently with access to peers, operating practices, global infrastructure and growth capital.
Vela Industries Group publishes a clear five-step route: discuss your vision, sign an NDA, agree an LOI, complete an in-depth business review, then sign and close. It says deals are funded from available cash. Its screening criteria favour established, recurring-revenue B2B or government-facing software with a broad customer base and a path to cash generation. After closing, leaders are expected to keep operating independently, with access to capital, peers and group infrastructure.
- Sector focus
- Proprietary B2B or B2G software, or mission-critical software.
- Target revenue
- Official raw wording: >$1-20+ million net revenue. The page's formatting is ambiguous, so the raw statement is preserved without reinterpretation.
- Target ARR
- At least 50% net recurring revenue.
- Target EBITDA
- Cash-flow positive or with a near-term path to cash-flow positivity.
Their portfolio
- GreatSoftSectorFinancial servicesWhat they doGreatSoft provides practice-management, planning, digital-signing and analytics software for accounting firms.
- PeopleTraySectorSoftware & IT servicesWhat they doPeopleTray provides integrated workforce, compliance, equipment and safety-management software.
- Qmuzik TechnologiesSectorIndustrials & manufacturingWhat they doQmuzik Technologies develops enterprise software for manufacturing, supply-chain and e-commerce operations.
- ReddSectorSoftware & IT servicesWhat they doRedd provides fleet monitoring, video telematics and vehicle-safety technology for mining, forestry, transport and waste-management operators.
- SectorAgriculture & resourcesWhat they doSnowden Optiro is a mining consultancy and software business that supports mining companies and their investors in evaluating new mines, improving the performance of existing operations and complying with regulatory requirements.
- SODEPSectorAgriculture & resourcesWhat they doSODEP provides fleet, telemetry and production-management software for mining, construction and heavy industry.
Sources
- velaindustriesgroup.com · research
- velaindustriesgroup.com · website