Business
Macquarie tipped for payday as Nuix outlines growth plans ahead of IPO – Sydney Morning Herald
Nuix chief executive Rod Vawdreysays there are plenty of growth opportunities to excite new investors ahead if its $1.8 billion float on Friday.
“We’re increasing our investment in channel partners in our sales and distribution. And we’ll also have some capital available to do some selective M&A (mergers and acquisitions),” he said.
Mr Vawdrey named Spain, Italy and France as priorities in Europe, while Southeast Asia and India were its main targets closer to home. There is also plenty of room for growth in the US which currently accounts for 56 per cent of the company’s business, he said.
In a sign of how important the US is to its future,…
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