Empired recently acquired Intergen, a NZ based IT services company, with operations in the US and Australia
Empired recently acquired Intergen, a NZ based IT services company, with operations in the US and Australia. The terms are very favourable to EPD and Intergen's management team will remain on. EPD is advising the market that it is targeting $200m revenue and $18-19m EBITDA in FY16 (3x its current size). These are ambitious targets, but if they are successful will result in a material re-rating of EPD over the coming 18 months.
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