Acquisition of Impect, Equity Raising, Trading Update
Stock | Catapult Sports Ltd (CAT.ASX) |
---|---|
Release Time | 13 Oct 2025, 9:30 a.m. |
Price Sensitive | Yes |
Catapult to acquire Impect, raise A$150M in equity
- Catapult to acquire 100% of Impect, a leading soccer analytics provider, for up to €78M
- Catapult launches A$130M institutional placement and A$20M share purchase plan
- Preliminary 1H FY26 results show strong ACV, revenue, and EBITDA growth
Catapult Sports Ltd (ASX:CAT) has entered into a binding agreement to acquire 100% of the shares in Impect GmbH, a leading innovator in soccer analytics software for scouting and tactical analysis. The total consideration for the acquisition is up to €78M (US$91M), comprising an upfront cash payment of €40M (US$46M) and additional deferred and contingent consideration of up to €38M (US$44M) over four years. Catapult is funding the acquisition through a fully underwritten A$130M (US$84M) institutional placement and a non-underwritten A$20M (US$13M) share purchase plan. The acquisition of Impect will enhance Catapult's long-term strategy by adding scouting insights to its platform, delivering differentiated capabilities beyond legacy providers, expanding wallet share with another high-value solution, and accelerating sustainable profitable growth. Catapult also provided a trading update for the first half of FY26, reporting preliminary results that show strong growth in Annual Contract Value (ACV), revenue, and Management EBITDA compared to the prior corresponding period. The company reaffirmed its FY26 guidance, including expectations for continued ACV growth, improved cost margins, and higher free cash flow.
Catapult reaffirmed its FY26 guidance, including expectations for: ACV growth to remain strong with low churn, continued improvement in cost margins towards targets, and higher Free Cash Flow as the business scales.