Cosol Limited (AU:COS) has released an update.
COSOL Limited is set to enhance its asset management services through the strategic acquisition of Core Asset Co, an advisory firm known for its data-driven asset performance solutions. The deal, valued at up to $6.1 million, includes cash and stock components, with additional payments contingent on future earnings. This move promises to strengthen COSOL’s market position by expanding its capacities in strategic planning and decision support, while potentially increasing its revenue and EBITDA significantly by FY25.
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