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Another acquisition for their communications division. Cost is $34m using their debt facility and they think the addition will be earnings accretive from year one. EBITDA multiple of x 4.2 looks cheap? There is also a 5 year royalty clause subject to conditions. The business is mostly about combatant worn communications on the field of conflict and the acquiree (Kägwerks) is already contracted as a provider to the U.S military and security departments as well as having relationships with British, Australian and N.Z defence ministeries. Also has clients in public safety.[URL unfurl="true"]https://kagwerks.com/[/URL][ATTACH=full]184804[/ATTACH]
Another acquisition for their communications division. Cost is $34m using their debt facility and they think the addition will be earnings accretive from year one. EBITDA multiple of x 4.2 looks cheap? There is also a 5 year royalty clause subject to conditions. The business is mostly about combatant worn communications on the field of conflict and the acquiree (Kägwerks) is already contracted as a provider to the U.S military and security departments as well as having relationships with British, Australian and N.Z defence ministeries. Also has clients in public safety.
[URL unfurl="true"]https://kagwerks.com/[/URL]
[ATTACH=full]184804[/ATTACH]
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