Atturra Limited (AU:ATA) has released an update.
Atturra Limited has successfully acquired Exent Holdings Pty Ltd, a firm specializing in business transformation advisory services, with an initial payment of $6 million and up to $2 million in performance-based deferred consideration. This strategic move allows Atturra to extend its consulting capabilities nationwide, leveraging Exent’s expertise in areas such as aged care and health. The acquisition, valued at 6.5 times Exent’s projected FY25 EBITDA, supports Atturra’s growth strategy to bolster its commercial sector advisory services.
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