ActiveOps Acquires Enlighten in £16M Deal
Deal News | Jun 30, 2025 | Business Cloud
ActiveOps, a decision intelligence software provider based in Reading, UK, has acquired its Australian competitor Enlighten for approximately £16 million. This acquisition is poised to enhance ActiveOps' software portfolio and significantly boost its market presence across North America and the Asia Pacific regions. Enlighten boasts a strong reputation in providing operational excellence solutions and has generated £11.9 million in revenue over the past year. Furthermore, the acquisition is expected to propel ActiveOps' Annual Recurring Revenue (ARR) by around £8 million and double the company's North American revenue. Enlighten co-founders, Tony Tregurtha and Andrew Johansen, will assume pivotal roles in sales and customer relationship management in North America and Australia, respectively. Richard Jeffery, Executive Chair of ActiveOps, remarked on the considerable value expected from combining both businesses, highlighting new opportunities for customer bases and shareholders alike. ActiveOps, listed on the London Stock Exchange with a market cap approaching £100 million, has seen its share price grow significantly in 2025.
Sectors
- Software Development
- Enterprise Solutions
Geography
- United Kingdom – ActiveOps is based in Reading, UK and is listed on the London Stock Exchange.
- Australia – Enlighten, the target company, is headquartered in Sydney, Australia.
- North America – The acquisition is expected to strengthen ActiveOps' market position in North America, doubling its revenue in the region.
- Asia Pacific – ActiveOps aims to enhance its market presence in the Asia Pacific region through this acquisition.
Industry
- Software Development – ActiveOps and Enlighten are involved in the development and provisioning of decision intelligence and operational excellence software, making this industry highly relevant.
- Enterprise Solutions – Both companies provide software solutions tailored for enterprise customers, focusing on operational excellence and organizational transformation.
Financials
- £16 million – The acquisition cost for Enlighten by ActiveOps.
- £8 million – Estimated increase in ActiveOps' Annual Recurring Revenue following the acquisition.
- £11.9 million – Enlighten's revenue for the last 12 months ending May 31, 2025.
- £800,000 – Enlighten's EBITDA loss for the last 12 months.
- £100 million – The approximate market cap of ActiveOps.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ActiveOps | Buyer | Company | A decision intelligence software provider based in Reading, UK. |
| Enlighten | Target | Company | An Australian company that provides operational excellence software to over 20 enterprise customers. |
| Richard Jeffery | Executive Chair | Person | Executive chair of ActiveOps, overseeing the acquisition. |
| Tony Tregurtha | Co-Founder | Person | Co-founder of Enlighten, taking a leadership role in sales and customer relationships in North America. |
| Andrew Johansen | Co-Founder | Person | Co-founder of Enlighten, taking a leadership role in sales and customer relationships in Australia. |