WIth RXP and EPD both being acquired it leaves CGO as almost the last IT services company standing.

With RXP's multiple at ~10x EBITDA and EPD at ~16x EBIT, it provides an interesting valuation metric for CGO likely trading around 4x EBIT. Admittedly you have a single holder/family in CGO that makes a takeover much more complicated, but still.

CGO seem to be doing a decent job of replenishing their contract book with some solid Aus government wins in the last couple of months:

https://www.tenders.gov.au/Search/KeywordSearch?Keyword=cpt+global&submitSort=Go&OrderBy=Publish+Date&sort=

~$4m in contracts largely over 1H22 is roughly 20% of 1H21 in addition to current order books.