Atturra Limited Completes Strategic Acquisition of DalRae Solutions

Atturra Limited ( (AU:ATA) ) has provided an update.

Atturra Limited has successfully completed the acquisition of DalRae Solutions, a prominent SAP partner known for its expertise in SAP’s Business Technology Platform and S/4HANA transformations. This acquisition aligns with Atturra’s strategic goal to expand its footprint in the SAP consulting space, enhancing its capability to deliver comprehensive enterprise solutions. The integration of DalRae’s expertise is expected to significantly impact Atturra’s operations, positioning it as a leading provider in the SAP ecosystem across Australia and New Zealand. The acquisition is structured with an upfront cash consideration and additional performance-based payments, and it is anticipated to be earnings per share accretive by FY26.

The most recent analyst rating on (AU:ATA) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Atturra Limited stock, see the AU:ATA Stock Forecast page.

More about Atturra Limited

Atturra Limited is an ASX-listed technology business offering enterprise advisory, consulting, and IT services with a focus on industries such as local government, utilities, education, defense, federal government, financial services, and manufacturing. The company partners with global providers like Boomi, Cisco, HP, Microsoft, and others, serving major public and private sector organizations in Australia.

Average Trading Volume: 172,638

Technical Sentiment Signal: Sell

Current Market Cap: A$326.7M

For a thorough assessment of ATA stock, go to TipRanks’ Stock Analysis page.