Austco Healthcare to buy RTM Solutions for A$9.44 million in cash
Austco Healthcare has agreed to acquire RTM Solutions, paying A$9.44 million upfront with A$3.0 million held in escrow.
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what happened
Australia-based Austco Healthcare Ltd has agreed to acquire RTM Solutions. The upfront cash payment is A$9.44 million, and A$3.0 million will be held in escrow.
Austco expects RTM Solutions to contribute about A$9.1 million in revenue and A$1.3 million in EBITDA in fiscal 2027.
why it matters
The deal is a small healthcare technology acquisition, and the company has given revenue and EBITDA estimates in advance. The escrow amount ties part of the price to conditions that are still to be met.
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