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WA-15026

LTM / Randstad Digital entities including FinXLWA-15026

View on ACCC

Processing timeline

25

days

Filed

12 June 2026

Notification waiver determination published

Decision

7 July 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

LTM UK & Ireland Limited 12817556 (UK company number)

Target(s) or Vendor(s)

FinXL Professional Services Pty Ltd ABN - 74 104 804 793, Randstad Digital B.V. 91235944, Randstad Digital France SAS RC.S. Nanterre 352 905 707, Randstad Digital Holdings Pty Ltd ABN - 29 104 800 482, RANDSTAD N.V. Registered at the Trade Register of the Dutch Chamber of Commerce under number 33216172, RANDSTAD FRANCE SASU Registered with the Trade and Commercial Registry of Bobigny: number 350 988 051

Other parties

None listed

Summary

LTM UK & Ireland Limited, a global technology consulting firm, is acquiring 100% of shares in Australian IT consulting business FinXL Professional Services Pty Ltd from Randstad Digital Holdings Pty Ltd. FinXL provides technology solutions and IT consulting services, previously part of global talent company Randstad.

Acquisition details

LTM UK & Ireland Limited ( LTM ) proposes to acquire Randstad’s technology and consulting business in Europe and Australia, pursuant to a share agreement (the Acquisition). The Acquisition of Randstad’s technology and consulting business in Australia involves acquiring 100% of the shares in FinXL Professional Services Pty Ltd ( FinXL ) from Randstad Digital Holdings Pty Ltd ( Randstad Digital ). The acquirer, LTM, is a foreign company registered under the laws of England & Wales. It is a wholly owned subsidiary of LTM Limited. LTM Limited is a public company listed on BSE Limited and the National Stock Exchange of India Limited. LTM is a global technology consulting and information technology services business. It provides a range of professional services across application management, cognitive infrastructure, cybersecurity, data and analytics, enterprise applications, business AI, transformation, and internet of things. Randstad is a leading global talent company in the HR and recruitment services industry. Randstad also operates a technology and consulting business, which provides technology solutions and IT consulting services. Randstad provides these services in Australia through Randstad Digital’s Australian entity, FinXL. FinXL provides technology solutions and IT consulting services in Australia and has a particular focus on data analytics, AI solutions, cloud and infrastructure, and digital and product engineering.

Industry

Broad:Professional & Business Services

Decisions and key events

7 July 2026Notification waiver determination publishedAttachmentPDF138.5 KB

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