Intelligent Monitoring Group completes Western Advance acquisition
On September 2, 2025, Intelligent Monitoring Group Limited (IMG) announced the completion of its acquisition of Western Advance Pty Ltd (WAPL). This strategic move sees IMG acquiring 100% of WAPL, a long-standing provider of security services in Western Australia's Oil & Gas sector, with over 30 years of operation.
IMG paid AUD4.5 million in cash for the acquisition, subject to standard adjustments for working capital, cash, and debt amounts. The funding for this acquisition came from existing working capital cash flows and is anticipated to be immediately earnings accretive for IMG.
The acquisition aligns with IMG's strategy to expand its operating footprint in Western Australia through ADT, strengthening its national platform for Commercial and Enterprise businesses. It also consolidates other complementary acquisitions made over the past 12 months, including ACG, AAG, DVL, and KOBE.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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