3 April 2020 - Novatti Group Ltd (ASX:NOV) acquires Emersion Software Systems Pty Ltd
Novatti Group Ltd (ASX:NOV) acquires Australian subscription billing software vendor Emersion Software Systems Pty Ltd

Specialist global digital transformation and monetisation software M&A advisor Presser & Co act as buyside advisor to Novatti (ASX:NOV) on their purchase of Australian subscription billing software vendor Emersion Software Systems Pty Ltd (Emerson), April 2020.
The Transaction
The business services team of Presser & Co, led by founder and managing director Trevor Presser provided advice to Novatti Group Ltd (Novatti) on its purchase of subscription billing software vendor Emersion Software Systems Pty Ltd (Emerson).
Managing Director of Novatti, Peter Cook noted, “Despite challenges within the global economy, Novatti is steadfast in its plan to create long-term value for its shareholders by delivering on its growth-focused strategy. The acquisition of Emersion does this by strengthening Novatti’s existing capabilities to digitise payment and subscriber management services, while also expanding its recurring revenue and loyal customer base.”
Emersion's Founder and CEO Paul Dundas commented, “Emersion helps businesses engage with their customers, integrate systems and automate business processes including signup, ordering / provisioning, billing, rating usage all with embedded payment.”
Presser & Co founder Trevor Presser noted “with a pandemic rapidly redefining our world, devising and building a digital business model and successfully taking it to market is now mandatory not only for managed services providers, utilities, telcos and banks, but for all industries and sectors. Emersion’s product-line is designed and built as a cloud native application, leveraging Amazon Web Services microservice architecture and integrating, in the cloud, with popular cloud services providers such as Salesforce.com in CRM and Xero in accounting.
Presser & Co acted as the buy-side advisor to Novatti. Financial details of the deal can be found here.
About Novatti Group Limited (ASX:NOV)
Novatti is a leading digital banking and payments company. Through innovative technology, Novatti positions its customers to thrive in the growing cashless economy. Novatti’s transaction processing services include Flexepin, an open-loop cash voucher service, Flexewallet for remittance and compliance services, Chinapayments.com for bill payment services and Vasco Pay for the issue of reloadable Visa cards.
About Emersion Software Systems Pty Ltd
Emersion is a leading provider of Customer Engagement, Payment, Provisioning and Subscription Billing solutions to managed services providers (MSP's), independent software vendors (ISV's), system integrators (SI’s), utilities and telcos in Australasia. Emersion helps businesses engage with their customers, integrate systems and automate business processes including signup, ordering / provisioning, billing, rating usage and ultimately collect payment. Emersion integrates diverse business systems including CRM’s, professional services automation (PSA) and configure, price, quote (CPQ) tools, accounting, payment gateways, suppliers, vendors and internal systems.
The Advisors
Novatti shareholders were advised in the transaction by Trevor Presser, Franz Kiel and Karla Ridgwell from Presser & Co, a global digital transformation and monetisation software M&A boutique, based in Melbourne, Australia.
The Presser & Co private advisory buy-side practice is focused on ways to enhance our client’s growth and value. With un-paralleled knowledge of the global digital transformation and monetisation software vendor community, who serve energy, telecommunications, financial services and managed services provider markets, and un-rivalled c-suite access, Presser & Co’s buyside services, including M&A strategy, identifying unique parenting advantage skills, first-time dealflow identification and approach, early negotiation, due diligence and closure services, can help our help clients mitigate potential risks and achieve their strategic objectives.