Intelligent Monitoring Group Limited (AU:IMB) has released an update.
Intelligent Monitoring Group Limited (IMG) has announced the strategic acquisition of Adeva Home Solutions, aiming to revitalize the Signature Security brand and leverage its national security services for growth. The $2.5 million deal includes cash and shares in IMG’s subsidiary Mammoth Security, with Adeva founders receiving a stake and management roles. This acquisition is expected to significantly boost IMG’s revenues and establish a solid foundation for expansion in the security services sector.
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