Count Ltd Announces Acquisition of Skybridge
Key points
- Acquisition of a 75% majority interest in Skybridge
- Expected to be mid to high single-digit EPS accretive on a FY27F pro forma basis
- Completion targeted in Q3 FY27
Full summary
Count Ltd has announced its intention to acquire a 75% majority interest in Skybridge, a Sydney-based converged accounting and financial planning firm. The acquisition is expected to be mid to high single-digit EPS accretive on a full-year FY27F pro forma basis, pre-synergies. The total consideration for the acquisition is up to $38.7 million, including upfront, deferred, and earn-out payments. The transaction is expected to complete in Q3 FY27, subject to conditions precedent, including ACCC approval. Skybridge, with its strong track record of profitable growth and exceptional EBITA margins, is expected to fuel Count Group's flywheel and provide multiple pathways for organic and inorganic growth.
Guidance
Mid to high single-digit EPS accretion on a FY27F pro forma basis
Outlook
The acquisition is expected to reinforce Count Group's flywheel, providing multiple pathways for organic and inorganic growth and potential synergy upside.
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