Opinion
Private equity ready to pounce on battered ASX tech stocks
The ASX faces a challenge in its positioning as a home for growing tech companies, as private equity lines up to pick off companies smashed down by local investors.
Adir ShiffmanColumnistThe ASX is becoming a lush hunting ground for private equity buyouts, with some of the world’s largest deal makers attracted by a pricing anomaly in local technology stocks.
Australian investors responded more brutally than global peers to the inflation-led sell-down, leaving software businesses especially vulnerable – including some with significant revenues and strong growth.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles