Atturra Limited acquires Exent Holdings Pty Ltd in $8 Million Deal to Expand Advisory Capabilities
Jul 17, 2024•over 1 year ago
Acquiring Company
Atturra Limited
Acquired Company
Exent
Description
Atturra Limited, a prominent player in advisory and technology services, has announced its $8 million acquisition of Exent Holdings Pty Ltd, a Brisbane-based advisory and consulting firm. The strategic acquisition is aimed at enhancing Atturra’s advisory capabilities beyond its traditional Canberra and Defence sectors, extending its footprint nationally.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed