Acquisition of Trivantage Holdings Pty Ltd
scee
Transaction highlights and strategic rationale
The acquisition of Trivantage is consistent with SCEE's strategy and will deliver significant benefits for
shareholders including:
-
Aligned operating model – strategically aligned business model and complementary focus on electrical
services
Recurring service and maintenance - provides SCEE with greater exposure to recurring service and
maintenance work
Diversification benefits - further diversification across sectors, customers and geographies delivering
deepening exposure to commercial and social infrastructure markets
Cross-selling opportunities – potential synergies and opportunity to further leverage the combined
group's customer relationships and skills. Additionally, Trivantage's in-house high-quality switchboard
manufacturing capability provides an opportunity to recapture margin and provide an increasingly
integrated offering
Enhanced scale and relevance - significantly enhanced scale and geographic coverage with combined
pro-forma FY21F revenue of circa $500m
Highly experienced management team and an excellent cultural fit - strong incentive structure and
ongoing alignment underpinned by earn-out acquisition structure
Financial benefits - immediate and significant pro-forma EPS accretion
Acquisition of Trivantage Holdings Pty Ltd
60View entire presentation