COMPANY NEWS:
Creative tools and materials company Cricut has announced its new large-format cutting machine, Cricut Venture. The device is available at Harvey Norman and helps you make bigger and larger creations than before, and in bulk too.
COMPANY NEWS:
Key highlights:
Atturra Limited, through its subsidiary Atturra Advisory Pty Ltd ACN 117 643 240 (“Atturra Advisory”), to acquire Exent Holdings Pty Ltd ACN 667 230 328 (“Exent”).
Upfront consideration for Exent is $6m in cash, with earn-out/post-completion consideration of up to $2m in cash, subject to Exent achieving first half FY25 performance hurdles.
Strategically aligned acquisition of Exent helps Atturra extend its advisory and consulting capabilities outside of Canberra and Defence and expand the practice nationally.
The purchase price, including upfront and deferred consideration, is calculated on a multiple of 6.5x forecast EBITDA contribution to Atturra in FY25.
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