Displaying items by tag: Exent

COMPANY NEWS: 

Key highlights: 

• Atturra Limited, through its subsidiary Atturra Advisory Pty Ltd ACN 117 643 240 (“Atturra Advisory”), to acquire Exent Holdings Pty Ltd ACN 667 230 328 (“Exent”).

• Upfront consideration for Exent is $6m in cash, with earn-out/post-completion consideration of up to $2m in cash, subject to Exent achieving first half FY25 performance hurdles.

• Strategically aligned acquisition of Exent helps Atturra extend its advisory and consulting capabilities outside of Canberra and Defence and expand the practice nationally.

• The purchase price, including upfront and deferred consideration, is calculated on a multiple of 6.5x forecast EBITDA contribution to Atturra in FY25.