Enlighten Group acquired by ActiveOps

The acquisition of the entire issued share capital of Enlighten Group by ActiveOps aims to support the expansion of its decision intelligence product offering and consolidate its commercial position across the North American and Asia-Pacific markets. Completed in June 2025, the transaction enables the AIM-listed software provider to integrate an established portfolio of more than twenty enterprise clients operating primarily across the banking, insurance, and healthcare sectors. For the trailing twelve months ended 31 May 2025, Enlighten generated total revenue of , including an annual SaaS recurring run-rate of approximately 11.0 million dollars, alongside an adjusted EBITDA of and net asset backing of 3.9 million dollars. Strategic integration objectives include doubling ActiveOps' North American revenue base and executing cross-selling initiatives for its proprietary CaseworkiQ and WorkiQ software modules across Enlighten's corporate customer network. The combination also accelerates ActiveOps' technological capabilities in operational transformation while creating long-term operational cost synergies across combined administrative and technological infrastructures. In terms of leadership continuity, Enlighten's co-founders and selling shareholders, Tony Tregurtha and Andrew Johansen, remain with the combined group to lead sales execution and client relationship management in North America and Australia respectively. For the execution of this cross-border transaction, ActiveOps was advised by Investec Bank acting as sole financial adviser, nominated adviser, and joint broker, alongside Canaccord Genuity serving as joint corporate broker.