• Aussie Broadband to acquire 100% of Nexgen for $44.1 million upfront
• Additional earn-out of up to $5.9 million based on FY26/FY27 EBITDA targets
• Nexgen forecast to generate $8.1 million EBITDA in FY26, contributing $2.7 million to Aussie Broadband

Aussie Broadband Limited (ASX: ABB) has entered into a binding agreement to acquire 100% of Nexgen Investment Group Pty Limited (Nexgen), a leading provider of advanced business communication solutions, from Infotrust Limited (ASX: ITS). The transaction is EPS accretive to Aussie Broadband and will deliver complementary modern business telephony solutions, data and hardware capability platforms to drive SME growth with greater national reach and product set, including an Agentic AI product set targeted at SMEs. The acquisition will be funded by cash on hand and existing undrawn debt facilities. Nexgen is forecast to generate FY26 EBITDA of $8.1 million, with an expected contribution of $2.7 million to Aussie Broadband's EBITDA in FY26. In addition, annual cost synergies of between $2 million and $4 million are expected within two years. The acquisition adds approximately 6,000 SME NBN customers with average contract length of 4 to 5 years and the Agentic AI product set. Nexgen co-founders, Elie Ayoub and James Harb, are committed to staying in the business to deliver FY27 performance targets.

Nexgen is forecast to generate FY26 EBITDA of $8.1 million, with an expected contribution of $2.7 million to Aussie Broadband's EBITDA in FY26. Annual cost synergies of between $2 million and $4 million are expected within two years.