Tag Archives: Claire Tuder

MICROMINE moves into next growth phase with new CEO

IoT, Mining people, Mining services, Mining software, , , ,

MICROMINE has appointed Andrew Birch as its new CEO, effective September 23, as it looks to continue the expansion of its mining software offering.

The software provider, back in December, said it was looking forward to its next stage of software growth following an investment from private equity firm Potentia Capital.

Birch, who replaces Claire Tuder as CEO, has over 25 years’ experience across the technology sector in senior executive roles for both listed and privately held companies, most recently as COO of MYOB Group responsible for the strategic direction and delivery across MYOB’s go-to-market business units, MICROMINE said. He has also led and integrated a range of acquisitions across the MYOB business.

Prior to joining MYOB, he held several senior management positions within the technology, telecommunications and software sectors including Honeywell Pacific and Vodafone Australia, as well as mid-size technology businesses within Australia and New Zealand.

MICROMINE Chairman, Tim Reed, said: “Andrew is a highly experienced senior executive within the technology sector with a proven track record of success in delivering growth outcomes through both organic initiatives and strategic acquisitions.

“Andrew has distinguished himself as a highly talented, inspiring and energetic leader whose creativity, positive attitude and ability to build trust are among his greatest strengths.”

Birch himself said he was excited to join the MICROMINE business, “which has a great culture, the broadest capability in the market and a winning strategy that has enabled strong growth”.

He added: “Building further on this success is an exciting opportunity, I passionately believe a great team with a keen focus on clients is a key success factor.”

Micromine looks to next phase of mining software growth with private equity deal

Automation, Communications in mining, IoT, Mineral exploration, Mineral processing, Mineral project development, Mining mergers and acquisitions, Mining services, Mining software, , , , , , , , ,

Australasia’s leading technology-focused private equity firm, Potentia Capital, has taken a large stake in Micromine, as the software solution provider looks to move into a new growth phase.

As part of the deal, Alan Broome AM and Claire Tuder will remain on the board, with Tuder also continuing as Chief Executive Officer. Andrew Gray and Michael McNamara from Potentia Capital will also join the board, while the Advisory Board of John McGagh and Mitch Hooke AM will remain in place.

Even after the deal, the founding Tuder family will maintain significant ownership of the company, Micromine said.

Claire Tuder said: “Micromine is entering a new growth phase so we were seeking a partner to assist us reach our goals whilst respecting our values. Potentia has a strong track-record helping companies like Micromine and I liked their partnership approach.”

Micromine was founded 32 years ago by Graeme Tuder. It provides geological exploration, data management, resources estimation, 3D mine design, planning and production control solutions to the global resources industry from junior explorers to Tier One miners including Newmont, Newcrest, OZ Minerals, MMG and Rio Tinto.

“The company remains at the forefront of innovation with deep machine learning, mixed reality and automation projects underway,” Micromine says.

Potential Capital is a Sydney-headquartered private equity investment firm focused exclusively on technology, tech-enabled services and software businesses. The team is one of the most experienced in the Australian private equity market, Micromine says, having collectively deployed over A$2 billion ($1.44 billion) of capital across more than 10 investments in the technology sector globally.

Andrew Gray, Managing Director at Potentia Capital, said: “I look forward to working with the Micromine team to achieve its vision and to further demonstrate Potentia’s commitment to supporting innovative Australian technology businesses.”

Michael McNamara, Investment Director at Potentia Capital, said through the company’s due diligence, “we have been impressed by Micromine’s track record of innovation, world-class mining software and loyal customer base.”