Private equityDeal
HireRoad sells Australian government hiring platform Acendre to Software Combined
The sale closed on September 30, 2026, ending an ownership line that began when Strattam Capital bought Acendre in 2018. No price was disclosed.
Acendre, a recruitment and onboarding software business that works alongside Australian government agencies, passed to Software Combined on September 30, 2026. HireRoad, the seller and a portfolio company of Strattam Capital, announced the completed sale on November 9, 2026. No price was disclosed.
The company describes itself as a cloud-based platform for recruitment and onboarding in government and complex regulated industries, founded in 1997. The announcement says more than half of Australia's top Commonwealth agencies run on the platform, which supports more than 400,000 users.
Strattam Capital acquired Acendre in 2018, and the business later became part of HireRoad, a talent management software platform. HireRoad says the sale lets it focus on its core North American market. The buyer, Software Combined, is based in Sydney, was founded in 2020 and acquires and holds B2B software businesses across Australia, New Zealand and the Benelux. Acendre keeps its own brand and existing team inside Software Combined's portfolio.
DFX calculationDFX's private equity records already held one earlier transaction naming Acendre: Software Combined's own release, "Software Combined acquires Acendre," dated October 8, 2026. The buyer's account reached DFX's records before the seller's November 9 release.
Blackpeak served as financial advisor and JWS as legal counsel to HireRoad. The announcement DFX read does not say how the purchase was financed.
What to watch
Neither the price nor the financing is in the record. A later filing or statement from Software Combined or Strattam Capital that states either would be the next document to move this story.
Not in the announcement: price, financing.
Sources (2)
- HireRoad Completes Sale of Acendre to Software CombinedAnnouncement on strattam.com, November 9, 2026 · Cited by 11 claims
- DFX private equity eventsCited by 1 claim
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