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Acrow Raises $70 Million to Fund Strategic Acquisitions and Upgrades FY27 Guidance

9:39am on Friday 19th of June, 2026 AEST Construction
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Acrow Raises $70 Million to Fund Strategic Acquisitions and Upgrades FY27 Guidance

9:39am on Friday 19th of June, 2026 AEST
Key Points
  • Fully underwritten $70 million two-tranche placement completed
  • Funds to acquire Ausgroup Industrial Services and Preston SuperDeck
  • Placement expected to be mid-single-digit EPS accretive
  • FY27 revenue guidance increased by 21%, EBITDA by 15%
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