Imdex to Acquire ALT and MSI to Boost Sensor and Digital Portfolio
Imdex Limited is acquiring ALT and MSI to enhance its sensor and digital portfolio, expecting to add A$10 million in revenue and A$2 million in EBITDA by FY26. The acquisition, funded by cash and debt, will close in Q3 FY26, with potential deferred consideration up to €20 million. This move aims to broaden Imdex's offerings in earth systems markets.
Imdex Limited is acquiring ALT and MSI, leading providers of downhole slimline rock property sensors and borehole televiewer technology, as well as WellCAD, the industry standard software for borehole sensor data interpretation. The deal is expected to contribute approximately A$10 million in incremental revenue and A$2 million in normalised EBITDA in FY26. The acquisition will broaden Imdex’s sensor and digital portfolios, providing customers with enhanced orebody knowledge and expanding Imdex’s offerings into adjacent earth systems markets. The transaction is expected to close in the third quarter of financial year 2026, subject to customary closing conditions. Performance-linked deferred consideration for the vendors could total up to €20 million (~A$35.4 million), with the acquisition funded from cash reserves and existing debt facilities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Imdex Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 276398) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
