Intelligent Monitoring Group Expands into UK with Transformational ADT Acquisition
Intelligent Monitoring Group (ASX: IMB) has signed a binding agreement to acquire ADT UK Residential from Johnson Controls International for GBP £180 million (approximately AU$346 million), marking a significant expansion into the United Kingdom’s residential security market. The acquisition includes GBP £155 million in cash and GBP £25 million in IMG shares and is expected to more than double the company’s scale. ADT UK serves over 160,000 customers, adding approximately AU$12.5 million in recurring monthly revenue while strengthening IMG’s position through a trusted brand and an established customer base.
The transaction is expected to increase IMG’s pro forma annualised EBITDA to around AU$130 million and lift forecast earnings per share by approximately 40% to AU$0.09. Funding will be provided through a new AU$448 million debt facility and vendor equity, eliminating the need for an external capital raising. ADT UK will continue operating as a standalone business, allowing IMG to leverage its expertise in advanced monitoring and video security while pursuing long-term growth opportunities in a rapidly expanding UK market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Intelligent Monitoring Group Expands into UK with Transformational ADT Acquisition
Intelligent Monitoring Group (ASX: IMB) has signed a binding agreement to acquire ADT UK Residential from Johnson Controls International for GBP £180 million (approximately AU$346 million), marking a significant expansion into the United Kingdom’s residential security market. The acquisition includes GBP £155 million in cash and GBP £25 million in IMG shares and is expected to more than double the company’s scale. ADT UK serves over 160,000 customers, adding approximately AU$12.5 million in recurring monthly revenue while strengthening IMG’s position through a trusted brand and an established customer base.
The transaction is expected to increase IMG’s pro forma annualised EBITDA to around AU$130 million and lift forecast earnings per share by approximately 40% to AU$0.09. Funding will be provided through a new AU$448 million debt facility and vendor equity, eliminating the need for an external capital raising. ADT UK will continue operating as a standalone business, allowing IMG to leverage its expertise in advanced monitoring and video security while pursuing long-term growth opportunities in a rapidly expanding UK market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au