• Intelligent Monitoring Group announces strategic acquisitions of AAG and ACG

  • May 30 2024
  • Duración: 10 m
  • Podcast

Intelligent Monitoring Group announces strategic acquisitions of AAG and ACG Por arte de portada

Intelligent Monitoring Group announces strategic acquisitions of AAG and ACG

Escúchala gratis

Ver detalles del espectáculo

  • Resumen

  • Intelligent Monitoring Group Ltd (ASX:IMB) joins Jonathan Jackson in the Proactive studio to discuss binding agreements to acquire Everjazz Pty Limited (Alarm Assets Group or AAG) and ACG Integration Pty Ltd (ACG) for a total of $15.9 million. These acquisitions are anticipated to add $5.7 million to FY24 proforma EBITDA, at an EV/EBITDA multiple of 2.8x. The acquisitions will bring more than 35 skilled technicians and expand IMG’s national coverage, enhancing capacity for growth in its commercial business. The client bases of AAG and ACG include ASX 100 companies and large government clients. To fund the acquisitions, IMG will issue approximately 60.4 million new shares at $0.32 each, raising about $19.3 million. This represents a 7.2% discount to the last closing price and a 0.4% discount to the 10-day volume-weighted average price. The proceeds will cover acquisition costs, transaction expenses and working capital requirements. Completion of the acquisitions is subject to various conditions, including financier approval, and is targeted for June 30, 2024. Hambling highlighted the acquisitions as strategic additions to ADT’s business, projecting a revenue run rate increase to $12 million annually by June 2024, with further growth anticipated. #ProactiveInvestors #IMG #ASX #Acquisitions #SecurityServices #BusinessGrowth #Investment #ASX #Technicians #CommercialBusiness #EBITDA #EquityPlacement #StrategicGrowth #ADT #NewShares #InstitutionalInvestors #NationalCoverage #RevenueGrowth #SecurityIndustry #InvestorSupport #Refinancing #Australasia #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
    Más Menos
activate_primeday_promo_in_buybox_DT
Empresas y Profesiones Economía Finanzas Personales Política y Gobierno
Más Menos

Lo que los oyentes dicen sobre Intelligent Monitoring Group announces strategic acquisitions of AAG and ACG

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.

Reseñas de Audible.com

Opiniones de Amazon
No hay comentarios disponibles