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Swivel Group Completes Strategic Restructure, Cuts Shareholder Tax Obligations by 70% and Positions for Middle East Expansion

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Swivel Group Completes Strategic Restructure, Cuts Shareholder Tax Obligations by 70% and Positions for Middle East Expansion

March 26
19:13 2026

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, 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.

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
Phone: 0428909269
Country: Australia
Website: http://www.swiveltech.io/

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