Street Talk

Canterbury Partners shops accounting automation tool

Sarah Thompson, Kanika Sood and Emma Rapaport

Jun 17, 2025 – 5.55pm

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Business Automation Works, a Geelong-based provider of automation tools for accountants, is hunting for a partner to fund its next leg of growth.

On offer is a majority interest in the company, which is forecast to deliver $13.6 million in annual recurring revenue and $7.7 million earnings this financial year. Projected earnings represent a 57 per cent three-year annual growth rate.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.