Atturra Limited to Acquire DalRae Solutions, Expanding SAP Capabilities

Atturra Limited ( (AU:ATA) ) has issued an announcement.

Atturra Limited announced its subsidiary, Atturra PHC Pty Ltd, will acquire DalRae Solutions, a premier SAP partner known for its expertise in SAP’s Business Technology Platform and S/4HANA. This acquisition aims to enhance Atturra’s capabilities in the SAP ecosystem, aligning with its strategy to expand its footprint in SAP consulting and implementation. The acquisition involves an upfront cash consideration of $4.8 million, with additional performance-based payments, and is expected to be earnings per share accretive by FY26. This move positions Atturra to deliver comprehensive enterprise solutions, leveraging DalRae’s innovative SAP solutions and strong market presence in the Asia Pacific region.

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 services company that provides enterprise advisory, consulting, IT services, and solutions. The company focuses on sectors such as local government, utilities, education, defense, federal government, financial services, and manufacturing. Atturra partners with leading global providers like Boomi, Cisco, HP, HPE, Infor, Microsoft, and others, serving some of Australia’s largest public and private sector organizations.

Average Trading Volume: 184,632

Technical Sentiment Signal: Sell

Current Market Cap: A$311.5M

Find detailed analytics on ATA stock on TipRanks’ Stock Analysis page.