Key points
- IVE Group plans to acquire Motio, a leading digital out-of-home media company
- Transaction values Motio at approximately $20.7 million equity value and $16.7 million enterprise value
- Motio's acquisition aligns with IVE's 2030 strategy to expand into high-growth media sectors
- The deal is expected to be EPS accretive from FY27
- Motio's board unanimously recommends the acquisition to shareholders
Full summary
IVE Group Limited (ASX: IGL) has announced its intention to acquire Motio Limited (ASX: MXO) for a total consideration of approximately $20.7 million in equity value and $16.7 million in enterprise value. This acquisition represents IVE's strategic expansion into the digital out-of-home media sector, a rapidly growing market. Motio, a leading digital place-based out-of-home media company, operates over 1,300 digital screens across Australia. The acquisition is expected to contribute positively to IVE's earnings from FY27 and is anticipated to be accretive to earnings per share on a pro forma basis from the first full year of ownership. The Motio Board has unanimously recommended that Motio shareholders vote in favor of the acquisition, which is expected to be completed by late November 2026, subject to shareholder and court approval.
Guidance
Motio's FY26 revenue was $9.2 million with cash EBITDA of $2.5 million at a 27% margin.
Outlook
IVE expects the acquisition to be EPS accretive from FY27, enhancing its 2030 strategy by broadening its offering into aligned adjacencies.