Latest Acquisition News

RAS Technology Holdings has locked in new contracts and extensions expected to add at least $2 million in annualised revenue, reinforcing growth in wagering technology and international markets.

Close the Loop Limited has sold its ISP Tek Services business for US$10 million, slashed US$16 million of debt, and set an optimistic EBITDA target of $14 million to $16 million for FY27, signalling a sharper focus on its packaging and resource recovery strengths.

GenusPlus is set to transform its business with a $400 million acquisition of MPC Kinetic, diversifying into gas and water sectors and boosting earnings per share by nearly 60%. The deal is backed by a $200 million placement and expanded debt facilities.

Webjet Group reported a 1% revenue rise to $136.4 million for FY26 but saw underlying EBITDA drop 20% to $28.1 million due to increased investment and softer trading. The company completed its Locomote acquisition, announced a fully franked 4 cents per share dividend, and revealed CEO Katrina Barry’s resignation.

Comet Ridge has voluntarily suspended trading of its shares on the ASX pending an update on its acquisition of Santos’ stake in the Mahalo Gas Project. The suspension aims to prevent uninformed trading while discussions continue, with an announcement expected before markets reopen on 21 May 2026.

88 Energy is gearing up to drill its Augusta-1 exploration well in Alaska’s North Slope, targeting a stacked oil resource estimated at 133.7 million barrels gross unrisked. The company has secured key operational assets and is progressing farm-out talks to share drilling risks ahead of the planned Q1 2027 spud.

Catapult Sports Ltd (ASX:CAT) delivered a 20.8% revenue increase to US$140.7 million in FY26, driven by strong SaaS growth and strategic acquisitions, while management EBITDA surged 67%. Despite this, the company reported a net loss of US$24 million, impacted by non-cash expenses and acquisition costs.

Orezone Gold’s acquisition of the Casa Berardi mine propels it into a diversified mid-tier producer, while Q1 2026 results show a 35% jump in gold output and robust financials despite operational challenges at Bomboré.

Ordell Minerals has strategically expanded its Barimaia Gold Project near Mount Magnet by acquiring three new tenements highly prospective for granodiorite intrusions. This move broadens the exploration scope ahead of a substantial 15,000m drilling campaign scheduled through mid-2026.

Meeka Metals has expanded gold mineralisation at its Rosapenna target within the Fairway shear zone, pushing the strike length to 670 metres and confirming the area’s exploration upside in the Murchison Gold Project.

James Hardie Industries saw a 25% sales increase in FY26 driven by the AZEK acquisition but reported a 75% net income decline amid acquisition costs and margin pressures. The company expects synergy gains and adjusted EBITDA growth in FY27.

Serko Limited posted a 34% jump in total income to NZD 120.9 million for FY26, powered by strong Booking.com for Business growth and a full year of GetThere revenue. The company’s EBITDAFI surged 137%, while net loss narrowed. Serko.ai’s US closed beta marks a strategic pivot into AI-driven business travel.