Press release
Swivel Group Completes Strategic Restructure, Cuts Shareholder Tax Obligations by 70% and Positions for Middle East Expansion
Melbourne, VIC - March 26, 2026 - Melbourne-based custom software developer and consultancy Swivel Group has successfully completed a strategic corporate restructure, delivering shareholders a 70% reduction in tax obligations while positioning the business for an ambitious expansion into the Middle East.The restructure was initiated by directors Shanil Dissanayake and Dmitry Loukine as a deliberate financial optimisation strategy, designed to strengthen the company's capital position ahead of its next phase of international growth. The move reflects a calculated decision to restructure from a position of strategic intent rather than necessity. The outcome preserves the company's full workforce of more than 100 people across its global team and creates additional financial capacity to support offshore growth, without disrupting the company's operational base.
"We looked at where we wanted to take this business over the next three to five years and worked backwards," said Dissanayake. "The restructure gave us the financial architecture to pursue that growth aggressively, particularly in the Middle East where the appetite for enterprise AI and custom software is exceptional right now."
The tax savings achieved through the process have been earmarked to fund the company's regional expansion strategy, which targets high-growth sectors across the Gulf, including banking, government digital transformation, and infrastructure. Swivel Group plans to leverage its AI agent deployment capabilities as its primary market differentiator in the region, supported by its broader experience in custom software development and enterprise technology delivery.
The company's client portfolio includes globally recognised clients such as Rolls Royce, Toll, and urban.com.au [http://urban.com.au/], giving it established delivery credentials as it enters a market increasingly seeking specialist firms with both practical AI capability and proven execution experience.
The Middle East expansion is expected to be structured through a regional partnership model, with Swivel Group's Cremorne, Melbourne headquarters continuing to serve as the global operational hub. The timing aligns with rising enterprise demand across the Gulf for boutique technology firms able to deliver tailored digital transformation outcomes with genuine technical depth.
The restructure also strengthens the position of the company's parent entity, with Swivel Group now being actively explored as a strategic acquisition target for larger technology groups seeking deployment-ready AI capability in the Asia-Pacific and Middle East corridors.
To learn more about Swivel Group and its Middle East expansion strategy and AI deployment capabilities, please visit http://www.swiveltech.io [http://www.swiveltech.io/].
About Swivel Group
Swivel Group is a Melbourne-based software consultancy focused on building, automating and evolving software with AI-driven expertise. The company delivers services across enterprise software development, artificial intelligence, QA, DevOps, MVP development and managed service augmentation, supporting businesses in Australia and global markets. Swivel Group says it has completed more than 200 projects and works across more than 10 industries with a team of over 100 resources.
Media Contact
Company Name: Swivel Group
Contact Person: Shanil Dissanayake, CEO
Email: Send Email [http://www.universalpressrelease.com/?pr=swivel-group-completes-strategic-restructure-cuts-shareholder-tax-obligations-by-70-and-positions-for-middle-east-expansion]
Phone: 0428909269
Country: Australia
Website: http://www.swiveltech.io/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. GetNews makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Swivel Group Completes Strategic Restructure, Cuts Shareholder Tax Obligations by 70% and Positions for Middle East Expansion here
News-ID: 4442331 • Views: …
More Releases from Getnews
Genki AI Global Debut: Scaling IP Management with Autonomous Operation Technolog …
A Streamlined Ecosystem Transforming Original IP into Scalable Global Products
May 1, 2026 - Genki AI, developed by a team of AI creative experts and veteran R&D engineers, officially launched its global operations today. As a comprehensive autonomous engine for IP management, Genki AI offers a seamless ecosystem that bridges the gap between creative input and global fulfillment. By automating the transition from IP incubation to market promotion, the platform empowers…
Star Bath Systems Expands Accessible Bathroom Solutions in North St. Paul
Image: https://www.globalnewslines.com/uploads/2026/04/1777562914.jpg
Star Bath Systems is a professional bathroom remodeling company specializing in accessible, safe, and modern bathing solutions. The company provides expertly installed walk-in tubs, walk-in showers, and ADA-compliant bathroom renovations designed to improve comfort, mobility, and functionality while maintaining high standards of craftsmanship and long-lasting performance.
North St. Paul, MN - Star Bath Systems announces the continued expansion of accessible bathing services designed to enhance safety, comfort, and independence for…
QHS Roofing Expands Focus on Shingle Roof Work in Statesville
Image: https://www.globalnewslines.com/uploads/2026/04/1777570147.jpg
QHS Roofing continues serving residential properties in Statesville with a service model built around shingle roof replacement, shingle roof repair, new shingle roof installation, and storm damage insurance support. The business presents its process around clear estimates, durable workmanship, and roofing work shaped by changing weather conditions in North Carolina.
Repair Work for Aging and Storm-Related Roof Damage
Roof problems often begin with worn shingles, leaks, or visible signs of storm…
# SMT+ Gains Community Attention with Narrative C.A.M.P. Build During Fallout 76 …
Content creator SMT+ has begun attracting attention within the Fallout 76 community following participation in the Rip Daring vs Aliens C.A.M.P. Showdown, a themed building event that encouraged players to create original camps inspired by the in-game storyline. The creator submitted two original builds, one of which stood out for being presented as a cinematic short film built entirely within the game.
Rather than focusing solely on structure design, the highlighted…
More Releases for Swivel
Metal Swivel Head Shear Market: Competitive Dynamics & Global Outlook 2025
LP information released the report titled "Global Metal Swivel Head Shear Market Growth 2025-2031" This report provides a comprehensive analysis of the global Metal Swivel Head Shear landscape, with a focus on key trends related to product segmentation, Metal Swivel Head Shear top 10 manufacturers' revenue and market share, Metal Swivel Head Shear report also provides insights into the strategies of the world's leading companies, focusing on their market share,…
NorDav - Redefining Tender Handling with Innovative Swivel Davit Systems
Gaelix Marine Service, the official distributor of NorDav in Greece and Cyprus, proudly offers the Norwegian Swivel Davit Systems, a revolutionary solution for yacht and superyacht owners, captains, and commercial vessel operators. Designed with precision engineering, Scandinavian quality, and user-friendly functionality, these davit systems make tender and jet ski handling safer, faster, and more efficient than ever.
Innovative Tender Handling at Sea
Handling tenders and jet skis on board can be challenging,…
Global Swivel Casters Market Growth Forecast Report 2025-2031
The latest research report"Global Swivel Casters Market Growth 2025-2031" studied by LP Information offers a comprehensive overview of theSwivel Casters market, providing insights into its drivers, restraints, and future trends. This study employs both primary and secondary research methods to offer unbiased perspectives on the globalSwivel Casters industry, assisting decision-makers in making informed business choices.
The research employs Porter's Five Forces analysis and SWOT analysis to offer a clear understanding…
Subsea Swivel Joints & Flanges Market Projected to Show Strong Growth
Market Research Forecast published a new research publication on "Subsea Swivel Joints & Flanges Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Subsea Swivel Joints & Flanges market was mainly driven by the increasing R&D spending across the world.
Some of the key…
Swivel Chairs Market [2024-2032] | Flourishing Industry Worldwide
Global Swivel Chairs Market [2024-2032] New research report covers segments and sub-segmentations including product types, applications, companies, and regions, providing a comprehensive overview of the Swivel Chairs Market size through historical data and future forecasts. It facilitates understanding of market status, growth opportunities, challenges, and includes industry analysis, profiling of market players, and competitor information to streamline marketing plans and strategic decision-making.
Browse More Details On This Report at: https://www.businessresearchinsights.com/market-reports/swivel-chairs-market-115088
List of…
Swivel Union Market to Witness Exponential Growth by 2032
Swivel Union Market share was valued at 296.86 Billion USD in 2023. The Swivel Union Market Industry is projected 306.86 Billion US$ in 2024 to 400 Billion USD by 2032. The Swivel Union Market growth register at a CAGR of 3.37% during the forecast period (2024 - 2032).
Swivel unions, integral components in various industrial systems, play a crucial role in facilitating smooth and efficient fluid and gas transfer. These devices,…
