Business
Scalare Partners (ASX:SCP) Completes Acquisition of Tank Stream Labs
Scalare Partners Holdings Limited (ASX: SCP) has today announced the completion of its 100% acquisition of Tank Stream Labs, one of Australia's leading providers of flexible office space and business services tailored to technology companies.
About this update from Scalare Partners Holdings Limited
[{"type":"text","content":"SYDNEY, Sept. 10, 2025 /PRNewswire/ -- Scalare Partners Holdings Limited (ASX: SCP) has today announced the completion of its 100% acquisition of Tank Stream Labs, one of Australia's leading providers of flexible office space and business services tailored to technology companies.","length":285,"tagName":"p"},{"type":"text","content":"The acquisition strengthens Scalare Partners' position in the Australian technology ecosystem by combining its accelerator, advisory, and investment platform with Tank Stream's established community and infrastructure. Tank Stream's network of founders, investors, and scaling businesses will now sit within Scalare's broader ecosystem, enabling the delivery of a more comprehensive range of services.","length":417,"tagName":"p"},{"type":"text","content":"Strategic Benefits of the Acquisition","length":37,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Expanded national footprint through premium flexible office locations and coworking hubs.","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"Enhanced founder community access, with Tank Stream's large and active member base providing Scalare with direct connections to startups and scaleups.","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"New revenue opportunities via the introduction of fractional executive services, digital advisory solutions, targeted startup events, and accelerator programs.","length":159,"tagName":"p"}]},{"val":[{"type":"text","content":"Integration of experienced leadership, with Tank Stream Labs CEO Brad Delamar and his team joining Scalare Partners to ensure continuity and growth.","length":148,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":550,"olType":false},{"type":"text","content":"Scalare Partners CEO Carolyn Breeze said the transaction marks a major milestone in the company's expansion strategy:","length":126,"tagName":"p"},{"type":"text","content":""The acquisition represents a significant step in strengthening our founder support ecosystem and expanding our presence across Australia's technology landscape. Tank Stream Labs' network, locations, and track record of profitability will help Scalare deliver greater value to early-stage and scaling technology businesses."","length":342,"tagName":"p","attribs"...