Software Combined Group expands its portfolio, acquires Last Yard

Leading Software aggregator, Software Combined, has finalised its sixth acquisition to cement its position as Australia’s leading company dedicated to investing in and supporting established software businesses.

Software Combined has acquired Perth based, Last Yard, a global leader in marketing execution platforms dedicated to the retail industry. Retailers require flawless delivery of prices and promotions across all their outlets and on-line. Last Yard can execute this in real-time, dynamically, omni-channel, and in a controlled and auditable manner.

Chris Stoyles, Last Yard’s CEO, said: “We are excited to join Software Combined. Last Yard will continue to focus on delivering great outcomes for our clients, as we have done over many years, and joining Software Combined will accelerate the delivery of innovative software solutions”.

Evert den Hollander, Software Combined CEO, commented: “Last Yard is on a journey to help transform the in-store retail experience in Australia and internationally. Last Yard shows global retail powerhouses that Australia can lead the way in retail best practice and they are an outstanding addition to the Software Combined family.”

Established in Sydney in 2020, Software Combined’s mission is to provide an opportunity for founders of software companies to exit their businesses with the assurance that the company they have built will continue.

“The operating environment remains somewhat unpredictable, particularly for IT business owners. We commit to grow the business, optimise operations, and inject capital for long-term growth. Software Combined offers to be the forever home.”

About Last Yard: Established in 2000, Last Yard offers the best of breed software to engage and convert retail customers at the point of purchase. With heritage in the original 'shelf edge' of printed tickets, it is now at the forefront of the industry moving to new channels such as Electronic Shelf Labels (ESL), Digital Shelf Edge (DSE), mobile, screens and more.

About Software Combined: As Australia’s leading local software aggregator, Software Combined is dedicated to supporting a portfolio of exceptional software businesses to maximise their full growth potential and to secure continuity of what founders have built.

For more information: Please contact Niek Hoogenhout, Chief Investment Officer, at info@softwarecombined.com.au.

Media contact: Peter Witts – Navigate Communication – Ph +61 477 274 412 – peter@navigatecommunication.com.au