Accel-KKR-backed Quartex has acquired two Australian niche software businesses from Queensland-based Ionyx to increase its coverage of the mining workforce management technology market.
Quartex said it had wrapped up deals to purchase Journey Management System (JMS) and Fly2Work, marking “the next phase of growth for Quartex, which now has more than 250 staff across six continents”, according to CEO Craig Charlton.
“These deals fit perfectly with our mission to provide the indispensable tools our customers need to move and house their workforce, protect people and places from harm and reduce their risks of operation,” he said.
“By bringing these platforms into our portfolio we’re extending our strengths in governance, risk and compliance (GRC) and public disclosure and reporting to new customers operating in some of the world’s most demanding and high-risk environments.”
Illustrating the strength of the brands, Quartex said Fly2Work was used by BHP Minerals Americas to manage travel, accommodation and logistics for more than 52,000 personnel. JMS and Fly2Work significantly reduced manual effort and operational errors, Quartex said.
JMS improved safety for drive-in, drive-out, or DIDO, workers and solo operators in remote and harsh environments through a platform that provided automated notifications when workers passed through geofenced checkpoints, integrating with fatigue-tracking cameras, geolocation units and satellite-connected devices to support rapid response and risk reduction.
Quartex was formerly INX Software, rebranded last year following Accel-KKR’s acquisition of Perth-based software company K2fly which it combined with INX.
Accel-KKR is said to have a US$19 billion portfolio of software and tech-enabled companies.
