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An announcement from Candy Club Holdings Ltd. ( (AU:SCP) ) is now available.
Scalare Partners has announced the acquisition of Planet Startup, a Brisbane-based virtual CFO service provider, as part of its strategy to enhance its services for early-stage technology ventures. This acquisition, which includes a mix of cash and shares, is expected to be EBITDA and cash flow positive from FY26 and will consolidate Scalare’s vCFO service line under one platform. The move aligns with Scalare’s long-term vision of strengthening its position in the tech ecosystem, offering expanded services to its customers, and supporting the growth of the startup community.
More about Candy Club Holdings Ltd.
Scalare Partners is a leading technology start-up accelerator that focuses on supporting early-stage technology ventures. The company provides a range of services, including virtual CFO services, to help founders manage financial performance and prepare for investment or exit. Scalare is committed to becoming a prominent accelerator and ecosystem partner for technology founders.
Average Trading Volume: 84,335
Technical Sentiment Signal: Sell
Current Market Cap: A$12.13M
See more data about SCP stock on TipRanks’ Stock Analysis page.