Elmo Software’s strut around the auction block has failed to reel in suitors, despite an extensive makeover performed by its PE owners over the past two years.
Elmo CEO Joseph Lyons, installed by K1 last year, was previously Xero’s APAC boss.
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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. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
