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Sydney’s Phocas Software returns home in search of $500m payday

Sydney’s Phocas Software, which sells data analytics software to retailers, manufacturers and distributors, is done hobnobbing with North American private equity bigwigs and back seeking solace in the arms of familiar faces.

Phocas CEO Myles Glashier. 

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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
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
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

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Original URL: https://www.afr.com/street-talk/sydney-s-phocas-software-returns-home-in-search-of-500m-payday-20250513-p5lyu9