Atturra Limited Acquires Exent Holdings Pty Ltd: Strategic Move for Expansion and Growth
Atturra Limited, a leading player in advisory and technology services, has made a strategic move by acquiring Exent Holdings Pty Ltd, a Brisbane-based consulting firm specializing in business transformation. This acquisition, valued at $6 million with a potential additional payment of $2 million based on performance targets, marks a significant expansion for Atturra beyond its traditional sectors.
Exent, known for its expertise in vendor-neutral business transformation advisory, brings a wealth of experience in guiding organizations through technology, process, and people-centric transformations. With a strong presence in sectors such as aged care and health, Exent has established itself as one of Australia’s fastest-growing firms.
The CEO of Atturra, Stephen Kowal, expressed excitement about the acquisition, citing Exent’s proven track record and strategic fit with Atturra’s growth strategy. The founder of Exent, Joe Fazzari, also emphasized the alignment between the two firms in terms of culture and mission, noting that the acquisition will propel their shared vision to lead in technology-enabled transformations across Australia.
The Managing Partner of Exent, Phil Fowdar, highlighted the acquisition’s potential to enhance service offerings and career opportunities for Exent’s team. By joining forces with Atturra, Fowdar believes they can establish a leading full-service advisory firm with a distinct competitive edge.
The transaction is expected to be completed by the end of July 2024, pending customary closing conditions. Atturra’s acquisition of Exent signifies a significant step in expanding its advisory and consulting portfolio, solidifying its position as a key player in Australia’s technology services sector.
