An update from TZ Limited ( (AU:TZL) ) is now available.
TZ Limited has finalized the acquisition of Keyvision Holdings Pty Ltd, a move that strengthens its position in the tenant engagement and smart building technology market. This acquisition, funded by a $4 million debt facility, is expected to enhance TZ’s recurring revenue streams and unlock cross-selling opportunities, positioning the company as a leader in integrated access control and tenant engagement solutions. The acquisition also presents international expansion opportunities, leveraging TZ’s established presence in the educational sector in the United States and the property sector in Singapore.
More about TZ Limited
TZ Limited operates in the smart building technology industry, focusing on tenant engagement platforms, smart locker solutions, and access control systems. The company aims to enhance digital transformation in the property sector by providing integrated technology solutions that improve tenant communication and operational efficiency.
YTD Price Performance: 15.25%
Average Trading Volume: 117,260
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$18.04M
For an in-depth examination of TZL stock, go to TipRanks’ Stock Analysis page.