Street Talk
Sydney’s Phocas Software courts global buyers
Sydney’s Phocas Software, which sells data analytics software to retailers, manufacturers and distributors across the world, is dressing up for a deep-pocketed global suitor as it races towards $100 million in annual recurring revenue in the coming year.
Phocas CEO Myles Glashier and CFO Dave Boorman.
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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