About Dominic Anderson
Dominic is a partner in Allens’ Corporate team in Sydney, advising leading technology companies, investors and corporates on technology sector M&A, venture capital and strategic growth transactions.
He is co-head of the firm's Allens Accelerate practice, and its Sector Leader for Technology, Media and Telecommunications.
Specialising in technology and data-driven M&A and investment transactions, Dominic has extensive experience advising in relation to the partnering and commercial arrangements that accompany strategic investments in the sector.
His experience includes advising:
Technology sector M&A
- Canva on a series of strategic acquisitions that build upon its artificial intelligence capabilities, and expand its platform offering, including the acquisitions of Leonardo.Ai (one of the most significant early-stage tech company exits in the Australian market), Simtheory, Ortto, Doohly and Magic Brief; he also advised on the Australian aspects of Canva’s US$1.6 billion secondary offering process, reported to be one of the largest offers of this type by a technology company globally
- Merit Incentives, global engagement and incentives technology company, on its acquisition of Synchro Marketing, an Australian leader in B2B sales incentives and loyalty programs
- Westpac on its acquisition of personal financial management app MoneyBrilliant
- Playground XYZ, marketing technology company, on its cross-border sale to media and technology leader GumGum
- Calumo, cloud software provider of corporate budgeting, forecasting and reporting tools, on its sale to US tech company insightsoftware
- Lens10, leading Australian digital strategy and analytics company, on its proposed sale to S4 Capital
- a vendor, as part of the sale of global livestock management and supply chain data platform AgriWebb to reproductive technology company URUS Group
- Shopper Media, retail digital media company, on its $150 million sale to Woolworths.
Venture capital and strategic investments
- Airtree Ventures on various of its investments, including in SafetyCulture, HEO Robotics, Joyous Limited, Delegate Connect and GROW Super; he also advised Airtree on its role as lead investor in the US$110 million Series C capital raise for Advanced Navigation Technologies, valuing the company at more than $1 billion
- various issuers, including Veyor, Relectrify, HealthMatch, Arli, Safewill, Simple KYC, DemystData, Agridigital, and Zooz Group, on private capital raise processes
- Keysight Technologies on its co-lead Series C investment in software-defined test and measurement startup Liquid Instruments
- Westpac on its Series B and C investments in cloud-native banking technology provider 10x Future Technologies, its participation in the $28 million Series B round of AI fintech Rich Data Co and its investment in P2P lender SocietyOne
- Our Innovation Fund on its investments in Circle In and Eftsure
- Clean Energy Finance Corporation on a number of its investments, including in leading green hydrogen electrolyser company Hysata, as well as in MicroTau, SunDrive Solar and Renewable Metals
- AMD on its Series A and B investments in GPU edge computing provider Radian Arc
- an investor in the pre-IPO funding round for neocloud provider SharonAI
- a life sciences investor on its investment in medtech startup Nutromics.
Strategic partnerships
- CBA on its US$300 million investment in buy-now-pay-later provider Klarna and associated strategic partnership in Australia
- CBA on its investments in, and strategic relationship with, Square Peg Capital
- Quantium on the formation of a ground-breaking incorporated joint venture between Quantium and Telstra, together with complex commercial and data sharing arrangements
- Westpac on its strategic relationship with Amp Code, a San Francisco-based AI frontier research lab, to support the advancement of Westpac's artificial intelligence capabilities and strategy
- NAB on all aspects of its strategic partnership, and investment in, leading retail finance platform provider Plenti; the commercial relationship involves the launch of a 'NAB powered by Plenti' car and EV loan, as well as referral arrangements between the parties.