Atturra to acquire Brisbane-based DalRae Solutions

• Atturra to acquire DalRae Solutions, a leading SAP partner
• DalRae specializes in SAP's Business Technology Platform, S/4HANA, and Clean Core methodologies
• The acquisition will enhance Atturra's SAP consulting and implementation capabilities

Atturra Limited, a leading technology services business, announces that its subsidiary, Atturra PHC Pty Ltd, has exchanged a Share Purchase Agreement to acquire DalRae Solutions Pty Ltd, a Brisbane-based consultancy specializing in SAP S/4HANA and Business Technology Platform (BTP) transformations. DalRae is an award-winning SAP partner, recognized for providing innovative, human-centered, and AI-enabled solutions that help organizations modernize their core operations. The acquisition will enhance Atturra's existing SAP client base and complement its range of capabilities, including Infrastructure Managed Services, OpenText ECM services, Data and Integration services, and Change and Adoption services specific to SAP. The upfront consideration for the acquisition is $4.8 million in cash, with an earn-out/post-completion consideration of up to $15.2 million in cash subject to DalRae achieving performance hurdles based on audited EBITDA targets and key employee retention targets for calendar years 2025 to 2027. The purchase price, including upfront and deferred consideration, is based on a multiple of 6.15x forecast EBITDA. Integration costs have been budgeted at $400,000, and the acquisition is expected to be EPS accretive in FY26.