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Acrow Accelerates NSW Growth with $23M Acquisitions Amid Contract Delays

5:19am on Monday 2nd of June, 2025 AEST Construction
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Acrow Accelerates NSW Growth with $23M Acquisitions Amid Contract Delays

5:19am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisitions of Brand Australia and Above Scaffolding for $23 million upfront plus earn-out
  • Expected FY26 contribution: ~$40 million revenue and $7 million EBITDA pre-synergies
  • Funded through expanded Westpac debt facility, immediately EPS accretive
  • FY25 guidance revised down due to contract start delays, but pipeline remains strong
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