• Atturra acquires leading SAP partner DalRae Solutions
• DalRae specializes in SAP Business Technology Platform, S/4HANA, and Clean Core solutions
• Acquisition expected to be EPS accretive in FY26

Atturra Limited (ASX: ATA), a leading technology services business, has completed the acquisition of DalRae Solutions Pty Ltd, a premier SAP partner delivering cutting-edge expertise in SAP's Business Technology Platform (BTP), S/4HANA, and SAP's Clean Core methodologies. DalRae is an award-winning SAP partner, known for providing SAP software solutions to the Asia Pacific market and specializing in building, implementing, and delivering solutions that transform its clients' business processes. Atturra has a significant SAP client base along with a range of complementary capabilities, and the acquisition is expected to enhance its ability to deliver end-to-end enterprise solutions for its clients. The upfront consideration is $4.8m in cash, with earn-out/post-completion consideration of up to $15.2m in cash subject to DalRae achieving performance hurdles based on audited EBITDA targets and key employee retention targets for CY25, CY26 and CY27. 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. The acquisition is expected to be EPS accretive in FY26.

The acquisition is expected to be EPS accretive in FY26.

By combining Atturra's national client footprint with the deep SAP expertise of the DalRae team, the companies are intending to significantly enhance their ability to deliver end-to-end enterprise solutions for their clients.