Intelligent Monitoring Group Limited IMB
ASX · Australia · Commercial Services
AUD 0.5800-0.01 (-0.85%)
Market open· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Organic growth accelerates to 12.5% in Australia as ADT Guard gains traction with over 1,000 monitored sites.
Intelligent Monitoring Group Ltd managing director Dennison Hambling talked with Proactive about the company’s binding agreement to acquire ADT’s residential security business in the United Kingdom, describing the transaction as one of the transformative moments in the company’s recent history. Hambling said the deal gives Intelligent Monitoring Group immediate exposure to one of the world’s largest established security markets through ADT, which he described as “the most revered and longest standing name in that market”. The company has already acquired ADT businesses in Australia and New Zea
Intelligent Monitoring Group Ltd (ASX:IMB, OTC:THRTF, FRA:8YM) has entered a binding agreement to acquire ADT’s residential security business in the United Kingdom for £180 million (AU$347,094), marking a major international expansion and a substantial uplift in recurring revenue. The...
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