Touchstream acquired by Banyan Software

BDO has assisted the founders of Touchstream with their sale to Banyan Software.

Founded in 2013, Touchstream is a provider of proactive monitoring solutions for over-the-top live streaming that helps broadcasters, streaming platforms, and telecommunications providers deliver reliable, high-quality live streaming.

The company monitors more than 25,000 live streams at any given time and plays a key role in delivering high-stakes live coverage, including America’s biggest annual sporting event.

Touchstream’s solutions make it easy for operations teams to improve efficiency and manage complex, always-on streaming environments where reliability and viewer experience are paramount.

CDN Monitoring, the company’s core product, supports a faster incident response and smoother stream delivery.

Other service offerings include VirtualNOC, a tool for centralised visibility, dVQA for detecting visual and audio problems, and eVQA for monitoring stream quality across the entire workflow.

Banyan Software is a leading global acquirer and permanent home for enterprise software businesses with a growing presence in Australia and New Zealand. It’s mission is to acquire, build, and grow great enterprise software businesses with dominant positions in niche vertical markets.

BDO acted as lead adviser for the shareholders of Touchstream led by National Head of M&A, Tony Schiavello, and Director, Lachlan Cantwell with Business Services Partner, Eleanor Moffat providing tax advice on the transaction.