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M&A / Property

Critical Infrastructure Technologies: Acquisition and Financing Update

CTTT · Price

Executive Summary

  • Critical Infrastructure Technologies Ltd. announced the completion of due‑diligence and imminent acquisition of a Western Australian precision manufacturing company for AUD $7.7 million.
  • The target adds immediate FY2025 revenue of > AUD $7.4 M and EBITDA of > AUD $1.9 M, with expectations to double both metrics over the next three years.
  • Acquisition provides DISP accreditation, state‑of‑the‑art fabrication facilities, ISO certifications and a skilled workforce to support CiTech’s defence and communications product lines (e.g., Nexus 20/16).

Key Details

  • Consideration: AUD $7.7 million cash plus standard net debt and working‑capital adjustments.
  • Revenue Contribution: > AUD $7.4 M for FY2025 (immediate).
  • EBITDA Contribution: > AUD $1.9 M for FY2025 (immediate).
  • Growth Outlook: Revenue and EBITDA expected to double within three years (FY2026‑FY2028).
  • Facilities & Capabilities:
  • ISO 9001, ISO 14001, ISO 45001 certified.
  • Laser cutting, CNC folding/bending, robotic welding, advanced CAD/CAM integration.
  • DISP accreditation enabling participation in classified Australian Defence programs.
  • Strategic Fit: Enhances sovereign manufacturing capacity for CiTech’s Nexus 20 and future autonomous communication platforms; supports AUKUS‑related defence opportunities.
  • Financing: Ongoing discussions with Moneta Securities (capital markets advisory) to secure required funding.
  • Closing Timeline: Share Sale Agreement expected finalised within 5 days; subject to standard closing conditions and financing completion.
  • Leadership Quote: Brenton Scott, CEO, highlighted the acquisition as a “critical step toward building a sovereign Australian manufacturing ecosystem” supporting rapid‑deployment defence and emergency response systems.

Notable Quotes

“The acquisition reinforces CiTech’s commitment to building a sovereign Australian manufacturing ecosystem capable of supporting rapid‑deployment systems for defence, emergency response, and secure communications.” – Brenton Scott, CEO, Critical Infrastructure Technologies Ltd.

Read the original news release →

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