Intelligent Monitoring Group Ltd (ASX:IMB) MD Dennison Hambling talks Proactive through the acquisition of ADT in Australia and NZ for $45 million in cash consideration. He says the combined business is expected to deliver EBITDA of approximately $24.8 million for the current financial year with improvements targeted to lift this through $31 million in FY24. Hambling adds that the increased scale will allow IMG to further invest in industry leading services to bring Australia into line with the range of monitored services available elsewhere in the world.
Intelligent Monitoring now #1 in the market following ADT deal
