Weekly ACCC Deal Digest 22 April 2026

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Airport Operations and Other Air Transport Support Services | Non-Residential Property Operators

REST, Aware Super, MassMutual, and Goodman Limited propose to acquire 100% of the shares in Moorabbin Airport Corporation Pty Ltd and associated leasehold interests. This transaction involves a metropolitan airport in Melbourne's south-east, focusing on general aviation and commercial property operations. Goodman's existing interest in the airport will be reduced.

MN-10012 | notification (Phase 1 – initial assessment) | notified 21 April 2026 | determination due 4 Jun 2026 ↗

Computer System Design and Related Services

Accenture Inc. proposes to acquire Ziff Davis, Inc.’s connectivity business, an asset sale. Accenture is a global professional services company, while the target provides network connectivity data and assessment services, including brands like Ookla and Speedtest. Both operate in the computer system design and related services industry in Australia.

MN-10013 | notification (Phase 1 – initial assessment) | notified 17 April 2026 | determination due 2 Jun 2026 ↗

Financial Asset Investing | Automotive Body, Paint and Interior Repair

Global Infrastructure Management, via Snow Bidco Limited, proposes to acquire 100% of the issued share capital of Envol Holdings Limited and its subsidiaries, including TCR Group. This share acquisition involves an infrastructure fund manager taking over a global ground support equipment leasing and maintenance business, which operates at Australian airports.

MN-70014 | notification (Phase 1 – initial assessment) | notified 16 April 2026 | determination due 29 May 2026 ↗

Fixed Space Heating, Cooling and Ventilation Equipment Manufacturing | Air Conditioning and Heating Services | Fire and Security Alarm Installation Services

Daikin Industries, via its subsidiary Airmaster Corporation, proposes to acquire Australian Air Conditioning & Mechanical Services Group (AAMS Group) from Damday Pty Ltd. This asset acquisition targets AAMS Group's mechanical services contracting business, providing HVAC system design, installation, and maintenance for commercial and industrial customers, enhancing Daikin's building services.

MN-30009 | notification (Phase 1 – initial assessment) | notified 16 April 2026 | determination due 29 May 2026 ↗

Urban Bus Transport (Including Tramway)

Ventura Motors, an Australian bus operator, proposes to acquire the business assets of Crown Coaches, a family-owned bus operator. Both parties supply metropolitan, public school, and private charter bus services in metropolitan Melbourne. This asset acquisition consolidates bus transport services in the region.

MN-70013 | notification (Phase 1 – initial assessment) | notified 15 April 2026 | determination due 28 May 2026 ↗

Non-Residential Property Operators

Princeton Digital Group (Australia Alpha) Prop Pty Ltd, a subsidiary of Singapore-headquartered Princeton Digital Group, is acquiring vacant land in Campbelltown, NSW from MH Property No. 1 Pty Ltd via land title transfer. The acquisition is for the purpose of building, owning, and operating a new data centre in Australia.

WA-80008 | waiver (Waiver application) | notified 30 March 2026 | approved 21 April 2026 ↗

Computer System Design and Related Services

Origin Energy Limited is acquiring US$140 million (AUD$210 million) in shares and 1.5% equity in Kraken Technologies. This share acquisition is part of Kraken's spin-off from Octopus Energy Group. Kraken licences utility platforms. Origin maintains its economic interest and waives Australian exclusivity.

MN-20011 | notification (Phase 1 – initial assessment) | notified 24 March 2026 | approved 20 April 2026 ↗

Other Transport Support Services n.e.c. | Superannuation Funds

Prime Super, a superannuation fund, increased its interest in Southern Way Holdings from 18.79% to 27.36%. Southern Way Holdings delivers and maintains the Peninsula Link Project, a Victorian freeway Public Private Partnership. The transaction involved purchasing stapled units and shares.

WA-90010 | waiver (Waiver application) | notified 2 April 2026 | approved 20 April 2026 ↗

Boatbuilding and Repair Services | Other Water Transport Support Services

MA Marina Fund Holdco Pty Ltd and MA Marina Fund TT Pty Ltd, entities of MA Financial Group Limited, received approval for the asset acquisition of Gold Coast City Marina. This expands their 'd'Albora' marina portfolio of 16 eastern seaboard marinas, into the full-service Gold Coast City Marina, which provides boatbuilding and water transport support services.

MN-45005 | notification (Phase 1 – initial assessment) | notified 25 March 2026 | approved 17 April 2026 ↗

Other Auxiliary Finance and Investment Services

Japanese financial services company Mizuho Securities Co. Ltd proposes to acquire between 61.60% and 78.30% interest in Indian investment bank Avendus Capital Private Limited. Both firms operate in financial services, with Mizuho active in Australian business banking and Avendus having limited Australian broking operations.

WA-80009 | waiver (Waiver application) | notified 7 April 2026 | approved 17 April 2026 ↗

Computer System Design and Related Services

Infosys Nova Holdings LLC, a subsidiary of global IT services company Infosys, acquired US-based digital transformation firm Optimum Achieve Holdings, Inc, including its Australian subsidiary Optimum Healthcare IT Pty Ltd. This share acquisition strengthens Infosys's computer system design and related services offerings, particularly in healthcare IT.

WA-40014 | waiver (Waiver application) | notified 7 April 2026 | approved 17 April 2026 ↗

Accommodation | Scenic and Sightseeing Transport | Travel Agency and Tour Arrangement Services | Nature Reserves and Conservation Parks Operation

Intrepid Travel Pty Ltd, a subsidiary of global experiential travel company Intrepid Group Pty Ltd, is acquiring 100% of the share capital in Wild Bush Luxury Experience Pty Ltd from Experience Co Limited. This share sale involves a boutique Australian tourism operator managing unique walks and homesteads, expanding Intrepid's small group tour offerings.

MN-40008 | notification (Phase 1 – initial assessment) | notified 23 March 2026 | approved 16 April 2026 ↗

Human Pharmaceutical and Medicinal Product Manufacturing | Financial Asset Investing | Other Auxiliary Finance and Investment Services | Travel Agency and Tour Arrangement Services

CVC Capital Partners, a global private equity firm, will indirectly acquire 100% of the shares in Marathon Asset Management, a New York-based global asset manager. Both firms provide global credit asset management services and hold interests in travel agency and pharmaceutical manufacturing. The share acquisition was approved.

MN-65009 | notification (Phase 1 – initial assessment) | notified 18 March 2026 | approved 16 April 2026 ↗

Financial Asset Investing | Scientific Testing and Analysis Services

Signant Health Holding Corp proposes to acquire 100% of the shares in ActiGraph Holdings, LLC. This transaction sees a US-based evidence generation company, providing clinical trial services, acquire a US-based digital health technology provider specialising in wearables for clinical trials. Both entities supply services or products in Australia.

WA-45011 | waiver (Waiver application) | notified 10 April 2026 | approved 16 April 2026 ↗

General Practice Medical Services | Physiotherapy Services | Other Allied Health Services

PH Medical Centres Pty Ltd, part of the Quadrant Private Equity-backed Partnered Health Group, acquired the business and assets of Riverstone Family Medical Practice from Riverstone GP Pty Ltd. This expands PHMC's primary care network of over 60 general practice clinics, adding RFMP's medical centre with 12 general practitioners in Riverstone, NSW.

WA-85022 | waiver (Waiver application) | notified 8 April 2026 | approved 16 April 2026 ↗

Other Machinery and Equipment Manufacturing n.e.c. | Other Construction Services n.e.c.

INNIO Group, a global gas power unit manufacturer, proposes to acquire the issued share capital of Enerflex Service Pty Limited from Enerflex Ltd. This share acquisition transfers Enerflex Group’s aftermarket service businesses in Australia, Indonesia and Thailand to INNIO, expanding its industrial equipment and energy infrastructure services.

WA-25010 | waiver (Waiver application) | notified 13 March 2026 | rejected 16 April 2026 ↗