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Acrow Raises $70 Million to Acquire Ausgroup and Preston SuperDeck

10:18am on Thursday 18th of June, 2026 AEST Construction
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Acrow Raises $70 Million to Acquire Ausgroup and Preston SuperDeck

10:18am on Thursday 18th of June, 2026 AEST
Key Points
  • Acquisition of Ausgroup and Preston SuperDeck for $54.5 million
  • Fully underwritten $70 million two-tranche placement and $10 million SPP
  • Pro-forma FY27 revenue guidance raised by 21%, EBITDA by 15%
  • Net debt/EBITDA ratio to improve to 1.5x post transactions
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