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Whispir

January 2024

Companies backed by Potentia Capital and venture firm EVP are vying for control of Whispir, co-founded by Jeromy Wells.

From $500m to $75m: Founder’s ‘deep regret’ as bidding war ends

ASX-listed Whispir was bought by PE-backed Soprano for $75 million after a pre-Christmas bidding war erupted.

  • Tess Bennett

December 2023

Alex Colvin’s Pendula is hoping more cash will buy shareholders’ patience.

Battle for takeover target Whispir escalates

A bidding war for communications software business Whispir sent its shares rallying on Wednesday.

  • Tess Bennett
Companies backed by Potentia Capital and venture firm EVP are vying for control of Whispir, co-founded by Jeromy Wells.

Potentia promises cash before Christmas to up pressure on Whispir deal

Rival suitor Pendula is expected to reveal its binding offer within days as the private equity firm offers shareholders a speedy deal.

  • Nick Bonyhady
Founder Jeromy Wells’ company Whispir is at the centre of a takeover battle between Soprano Design and Pendula.

Whispir suitor preparing a bigger takeover bid

A fresh takeover offer for the software company is expected to land at the higher end of guidance provided by an independent expert.

  • Tess Bennett

November 2023

Whispir’s founder Jeromy Wells resigned as chief executive last month and will become an executive director.

Ex-Appen boss leads $63m bid for ASX minnow Whispir

Once worth more than $500 million, the cloud-communications tech company could change hands for just $63 million.

  • Tess Bennett
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Whispir CEO Jeromy Wells.

Major Whispir shareholders sell down as Soprano lobs bid

Spheria Asset Management sold its entire stake to Potentia-backed Soprano Design Technology over the weekend, Street Talk understands.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

November 2022

Whispir chief executive Jeromy Wells is accelerating the company’s timeline to cashflow breakeven.

Whispir cuts 30pc of staff, shares surge 40pc

The sold-off tech stock is looking to save millions of dollars from job cuts, accelerating its path to cashflow breakeven by 2023.

  • Yolanda Redrup

September 2022

Whispir CEO Jeromy Wells is expanding the business into the US and Asia.

Is this the best value tech stock?

Revenue multiples for tech stocks have fallen substantially in 2022, but few look as inexpensive as Whispir.

  • Yolanda Redrup

April 2022

Steve Vamos-led Xero is tipped to be one of the companies to benefit from this year’s budget.

Xero, Elmo lead tech stocks set to benefit from budget

A new tailwind is set to support a small group of ASX-listed technology stocks.

  • Yolanda Redrup

January 2022

Whispir CEO Jeromy Wells believes investors are undervaluing his communications tech business.

Tech sell-off triggers wild ride in Whispir

Despite the communication software company’s positive Q2 trading data, Whispir investors have pushed the stock down.

  • Yolanda Redrup

December 2021

Whispir’s Jeromy Wells wants the government to double down on the vaccination program such that borders can reopen.

Whispir signs $1.32m deal with Singtel

Whispir stock jumped 6 per cent after inking a $1.32m contract with Singtel to replace the regional giant’s core SMS notification systems across 21 countries. 

  • Elouise Fowler

April 2021

Arq Group CEO Tristan Sternson went to New Zealand to look for tech talent.

Tech talent crunch hits home amid border closures

Tech companies are flying offshore talent to Australia and paying for their time in hotel quarantine, in a desperate and increasingly expensive hunt for skills.

  • Yolanda Redrup
Jeromy Wells says the US market is key to “unlocking the intrinsic value of the company”.

Whispir doubles customers in less than two years

The cloud communications platform reaffirms its full-year guidance but most of its revenue growth from new customers will take a year or more to flow through.

  • Yolanda Redrup

March 2021

Whispir chief executive Jeromy Wells had to scale back institutional investors in the company’s new capital raise.

Whispir pushes back profitability plans in favour of growth

Customer communications software company Whispir’s $45.3 million capital raise was oversubscribed and closed in just a few hours.

  • Yolanda Redrup
Street Talk.

Whispir in $45m placement after market

Stockbrokers Shaw and Wilsons launched a snap $45 million equity raising for software company Whispir after market on Monday. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd
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February 2021

Prime Minister Scott Morrison with the AstraZeneca vaccine at CSL laboratories last week.

All of today’s key profit results

On a big day of the interim profit reporting season, we have results from Fortescue, ANZ Bank, Wesfarmers, CSL, Crown Resorts, Star, Perpetual, Santos, Origin Energy, Coca-Cola Amatil, Seven Group, Woodside, Auckland Airport, Sonic Healthcare, Beacon Lighting, Whispir. Find full reports and analysis here.

January 2021

The big tech companies face a reckoning.

Tech star Whispir is up 165pc, looks to AI

After a big 12 months, communications platform Whispir is balancing growth and investment in areas such as AI and machine learning. 

  • James Thomson
One factor that looks set to play out in the February reporting season is the shift in foreign exchange rates.

Tech stocks to oscillate as smaller names play catch-up

This year is shaping up to be another big one for the local tech sector, but the prices of the biggest stocks are tipped to swing.

  • Yolanda Redrup

December 2020

"We're impatient": Jeromy Wells has seen Whispir's share price double.

How this architect built Whispir into a tech star

Jeromy Wells tried to build a tech platform for the architecture industry. He ended up turning Whispir into a local tech star with plans to head for the US.

  • James Thomson

September 2020

There were 20 million shares in communications management software company Whispir up for grabs on Wednesday afternoon.

Block on! Telstra Ventures sells out of Whispir

Twenty million shares in the communications management software company have been put up for sale.

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

Original URL: https://www.afr.com/company/wsp-jtl