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Attura Ltd (ASX: ATA) completed its acquisition of Kettering Professional Services Pty Ltd

Atturra Ltd (ASX: ATA) has announced it has completed the acquisition of Kettering Professional Services Pty Ltd, a specialist enterprise resource planning (ERP) solutions provider with a strong focus on local manufacturing. The purchase price, including upfront consideration of approximately $3m, and up to $2.25m in deferred consideration reflects a 4.05 multiple calculated by reference to achieving all of the deferred consideration milestones. The deferred consideration is structured into milestone earnouts for each financial year until FY2024.

Attura Ltd shares lifted 2.42% at $0.64/share following the announcement.

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