Atturra Acquires Somerville Group

March 9, 2023

Sydney-based Atturra has agreed to acquire Somerville Group for A$15 million in cash plus 1,647,059 Atturra shares, with up to A$2.6 million of earn-out consideration tied to FY23–FY24 performance. The deal adds Somerville’s managed services, cloud, security and education-sector capabilities to Atturra’s offerings and is expected to complete by 31 March 2023.

Buyers
Atturra
Targets
The Somerville Group Pty Ltd
Industry
IT Services
Location
New South Wales, Australia
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.