Scalare Partners Acquires Tank Stream Labs

Scalare Partners has acquire 100% of Tank Stream Labs, a prominent provider of flexible office space and business services tailored for Australia's technology sector.

Led by CEO Bradley Delamare, Tank Stream has established itself as one of Australia’s leading co-working and innovation hub operators, with five strategically located facilities in Sydney and additional offices in Melbourne and Adelaide. Designed to support startups through to scale-ups and corporate clients, Tank Stream offers premium, technology-focused workspaces that foster innovation and collaboration across all stages of business development.

This acquisition will see Tank Stream fully integrated into the Scalare ecosystem, enhancing Scalare’s ability to deliver comprehensive support, services, accelerators, investment, and infrastructure for Australia’s technology entrepreneurs.

Strategic Rationale

TSL is an Australian-based flexible office space provider with over 200 companies working from TSL’s seven locations in Sydney, Melbourne and Adelaide. Customers are working in various technology areas including finance, payments, education and AI, health, human resources and other technology industries.

This acquisition advances Scalare’s strategic vision to enhance investment decisions in early-stage technology companies by embedding itself more deeply within the startup ecosystem. By leveraging Tank Streams’ extensive member network and active client base, Scalare expects to unlock new revenue streams through the delivery of fractional executive services, digital advisory solutions, targeted startup events and accelerator programs. This close integration will not only broaden Scalare’s access to high-potential investment opportunities but also allow for earlier and more impactful engagement with founders seeking capital, commercialisation support and scalable growth pathways.

Through this acquisition, Scalare will welcome Bradley Delamare, CEO of TSL, into its group of companies. TSL’s business model closely aligns with Scalare’s strategic focus and the TSL team shares a strong cultural fit with the broader Scalare organisation.

This acquisition is expected to boost Scalare’s revenue by expanding its service offerings and increasing its access to a wider customer base. It opens new revenue opportunities within the early-stage technology sector and reinforces Scalare’s long-term vision of establishing itself as a leading accelerator and ecosystem partner for technology founders.

“This acquisition marks an exciting milestone for Scalare. TSL has established itself as a vital partner to tech founders, providing essential support as they scale their businesses. This aligns with our mission to empower technology entrepreneurs at every stage of their journey. We are eager to collaborate with Brad and the TSL team to deliver even greater value and impact within the technology ecosystem.” — Carolyn Breeze, CEO, Scalare Partners

“Joining forces with Scalare Partners and their other businesses such as Inhouse Ventures, Tech Ready Women and the Australian Technologies Competition is a natural evolution for Tank Stream. Our flexible workspaces and existing community will play a key role in expanding the Scalare business and entrench Tank Stream as the leading technology support business in Australia. I’m thrilled to continue leading TSL and look forward to what we can achieve together.” — Bradley Delamare, CEO, Tank Stream Labs

Scalare's Expansion Strategy: Ongoing Acquisitions

TSL on completion will mark Scalare’s fourth acquisition since April 2023, following the acquisitions of Inhouse Ventures (March 2025), Tech Ready Women (April 2024), and the Australian Technologies Competition (April 2023).

By maintaining a disciplined approach to acquisitions, Scalare is committed to strengthening its position in the tech ecosystem while supporting the founders and businesses it brings into its portfolio.