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StepChange Holdings Ltd. ( (AU:STH) ) just unveiled an update.
StepChange Holdings Limited has completed the acquisition of BroadReach Group Pty Ltd, a Perth-based ICT advisory firm specialising in enterprise architecture, ICT strategy, solution design and business analysis, by issuing nearly 6 million escrowed shares to the vendors as part of the initial consideration. The deal significantly expands StepChange’s advisory capabilities and consultant base, deepening its presence in high-impact digital transformation projects and enhancing cross-selling opportunities, particularly into Western Australian Government agencies where BroadReach has long-standing relationships, thereby strengthening StepChange’s market position in ICT and ERP-related transformation services.
The most recent analyst rating on (AU:STH) stock is a Buy with a A$0.26 price target. To see the full list of analyst forecasts on StepChange Holdings Ltd. stock, see the AU:STH Stock Forecast page.
More about StepChange Holdings Ltd.
StepChange Holdings Limited is an ASX-listed consulting firm that focuses on enterprise resource planning (ERP) transformation and implementation services, helping clients modernise and optimise core business processes. Founded from origins dating back to 2003 and incorporated in 2014, the company primarily delivers its solutions using ERP software modules from SAP, targeting organisations seeking to align their systems with business objectives and improve operational efficiency.
Average Trading Volume: 54,286
Technical Sentiment Signal: Strong Sell
Find detailed analytics on STH stock on TipRanks’ Stock Analysis page.