Since 2016, AssetOn has been providing high-quality asset management skills, experienced professionals, and technology solutions to major national resource companies, and the energy and water utility sector. AssetOn’s service offering is underpinned by its proprietary software platform OnPlan, a software as a service (SaaS) produce that is an end-to-end enterprise-grade digital system for efficiently building, maintaining, and deploying asset strategy and work instructions for large industrial assets.
COSOL is an enterprise asset management technology enabled solution provider. COSOL optimises operations in asset-intensive industries such as natural resources, energy and water utilities, public infrastructure, and defence. It has a wide portfolio of proprietary digital solutions.
The acquisition enables COSOL to accelerate the delivery of its end-to-end Asset Management as a Service solutions across the East Coast of Australia. AssetOn’s SaaS product OnPlan joint COSOL’s growing stack of signature solutions and proprietary software.
Rouse Lawyers represented AssetOn throughout the entire transaction, from the non-binding indicative offer to the negotiation of the share purchase agreement and other transaction documents.
We were pleased to receive the following testimonial in this transaction:
“We recently engaged Rouse Lawyers to act on our behalf in the sale of our Consulting and Software businesses to ASX Listed company COSOL. The Rouse team guided us through the process to meet the tight timeframes to complete the acquisition. Peter and the team quickly understood our business and objectives and supported us through the complex M&A process resulting in a great outcome for the 3 shareholders. I have no hesitation in recommending Rouse Lawyers to any business getting ready to embark on any M&A activity.”
– Anthony Large, Director of AssetOn Group Pty Ltd
