TZ Limited (AU:TZL) has released an update.
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TZ Limited is set to acquire Keyvision Holdings, a high-margin proptech firm known for its Tenant Experience Apps and smart lockers, promising significant cross-selling opportunities and enhanced revenue streams. This strategic acquisition is forecasted to boost TZ’s recurring revenue to $5 million in 2025, aligning with their expansion goals in the residential market. The deal is structured to be funded through combined cash flow and is expected to strengthen TZ’s market position both domestically and internationally.
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