Informative discussion on Coffee Microcaps outlining how the acquisition of Alliance Automation will grow the business. Bought from Telstra adding greater geographic coverage and operational technology and cyber security capability.
Usual claims of synergies and cross selling. 80,% revenue increase, 70% increase in headcount, 107% increase in work at hand and an 8x exposure to automation, control, cyber security, data and AI projects.
As always the successful integration will be the key.
Inorganic growth mentioned through bolt on acquisitions with asset management, geographic expansion, sustainability and machine learning the focus.
Added to my watchlist a while ago thanks to @DrJP. Not held.