Superloop: Completes Acurus acquisition

Superloop Completes Acurus acquisition

  • Superloop (SLC) completes the acquisition of technology services company Acurus
  • The acquisition continues the company’s strategy of expanding its channels-to-market and further building scale as a major connectivity provider
  • Consideration for the acquisition is $15 million, comprising of $12 million in cash and $3 million in Super loop shares
  • The company Managing Director and CEO Paul Tyler says the acquisition is a clear opportunity to expand its ability to drive step-change of its end-user customer base
  • Shares in Super loop are up 6.82 per cent, trading at 70.5 cents as of 3:48 pm AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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