Hansen to Acquire Digitalk, a Provider of MVNO and Carrier-Grade Platforms
Key points
- Acquisition of 100% of Digitalk Group Holdings Ltd for £33.1 million
- Digitalk's solutions highly complementary to Hansen's Global Communications Suite
- Transaction expected to be immediately accretive to Adjusted Earnings Per Share
Full summary
Hansen Technologies Limited (ASX: HSN), a global provider of industry-specific software products and expertise, has announced that it has entered into a binding agreement to acquire 100% of the shares in Digitalk Group Holdings Ltd ('Digitalk'), a provider of Mobile Virtual Network Operator (MVNO) and carrier-grade platforms for the global communications industry. The purchase price for the acquisition is an enterprise value of £33.1 million (circa A$66.4 million), subject to customary completion adjustments, and will be funded through a combination of existing cash reserves and debt. The transaction is expected to be immediately accretive to Adjusted Earnings Per Share (EPSa), supported by Digitalk's strong recurring revenue and profitability. Digitalk serves approximately 150 customers across more than 30 countries with solutions that are highly complementary to Hansen's Global Communications Suite, enabling integration and unlocking cross-sell opportunities. The acquisition is expected to be completed by the end of the 2025 calendar year, subject to regulatory approvals and other closing conditions. Hansen's Global Chief Executive Officer and Managing Director, Andrew Hansen, commented that the acquisition of Digitalk is highly complementary and strongly aligned with Hansen's strategy to expand its global leadership in the communications and media industry.
Guidance
The transaction is expected to be immediately accretive to Adjusted Earnings Per Share (EPSa).
Outlook
The acquisition of Digitalk is expected to expand Hansen's recurring revenue base and unlock new growth avenues in MVNOs and wholesale voice.
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