Atturra Off to a Flying Start with Acquisition of Kettering

26.4.2022

IFL Ventures congratulates Kettering Professional Services, the Brisbane-based manufacturing-focused ERP consulting firm, on its successful sale to Atturra Limited, an Australian-owned ASX-listed technology services company.

The acquisition is Atturra’s first since going public on the Australian Stock Exchange in December 2021 and marks a key moment in their growth strategy.

Kettering, the sole Australian channel partner of vendor QAD Inc, specializes in the implementation, management and support of ERP solutions in the manufacturing sector Kettering was seeking a partner that aligned with their long-term future which could take them to the next level while retaining their strong points. “I am very excited about the opportunity for our staff and clients to benefit from the vision, scale and breadth of offerings that Atturra brings”, said Kettering outgoing owner Rob Cheesman.

It is great to welcome Kettering to the Atturra business. Kettering is a great fit both strategically and culturally. Atturra is passionate about building sovereign capabilities and ensuring that our clients, whether they are in the public or private sector, have a genuine local option. Atturra will now have over 50 manufacturing clients and is the Australian market leader in QAD services. Atturra is also well positioned to become the advisory and IT solutions provider of choice for the manufacturing sector,”
said Stephen Kowal, Chief Executive of Atturra.

Atturra believes Kettering aligns perfectly with Atturra’s strategy of being a leader in selected technologies and industries. Kowal added that additional opportunities to service Kettering’s existing and any new clients are also provided given the partnership between Atturra vendor partner Boomi and new partner QAD.

QAD, Atturra and the Kettering management team have already began looking at expansion opportunities in the market.

IFL Ventures acted as the exclusive advisor to the shareholders of Kettering throughout the sale process.

Throughout the process we felt safe in both your calm and professional approach. We appreciated the communication throughout and the confidence that it would work out well – and it has.” Rob and Katie Cheesman, Kettering Professional Services.

26.3.2024

Sector Dashboards March 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
26.3.2024

M&A and ultrarunning – the five similarities

Running an M&A process is similar to ultrarunning according to Mark Steinhardt, InterFinancial Executive Director. He’s done a fair bit of both so, after slogging it out over 80kms in Noosa recently, he decided to pen his thoughts on the similarities between M&A and ultrarunning. Originally shared as an article on Mark’s LinkedIn here: ________________ […]

Read more
25.3.2024

InterFinancial supports DDH Graham to complete cross-border corporate lift-out

Established in 1981, DDH Graham offers a wide range of investment products and services including cash management accounts, a variety of managed funds as well as super and non-super administration capabilities. With the leader of its administration business transitioning into retirement and increased regulation and market consolidation, DDH sought to explore options for potential partners […]

Read more
29.2.2024

ASX-listed Microba expands offering and UK footprint with IFL

Over the last 10 years, our understanding of the importance of the gut to overall health has jumped forward in leaps and bounds. It is now well understood that microorganisms, including bacteria, archaea, fungi, and viruses living inside the human digestive tract (known collectively as the gut microbiome) are critical to many bodily functions. Not […]

Read more
29.2.2024

Sector Dashboards February 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
27.2.2024

Australia has a critical role in the global EV industry 

There is enormous growth and opportunity in the global Electric Vehicle (EV) industry and Australia has a critical role to play in the future. According to Clairfield International’s H2 2023 Global Electric Mobility Sector update global EV sales grew 70% in both 2022 and 2023 reaching $US1,573 billion. One of the primary drivers behind this […]

Read more
Clean Energy
05.2.2024

Will German clean energy demand be Australia’s hydrogen mega opportunity? 

Written by Derek Thomson – Director Clean Energy and ESG Motivated by their desire to reduce greenhouse gases, Germany has made bold decisions to turn off nuclear and coal power generation and transition to clean energy. German leaders have made these decisions in the full knowledge it will be temporarily dependent on imported gas. What […]

Read more
31.1.2024

Sector Dashboards January 2024

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
Is a Goldilocks year a good time to sell your business?
30.1.2024

Is a ‘Goldilocks’ year a good time to sell your business?

Written by Brad Shaw. When it comes to the state of the market, many have been referring to 2024 as a ‘Goldilocks’ year which feels like a good way to put it. Things aren’t too hot or too cold, they’re just right. But, what does that actually mean? Is 2024 a good year to sell […]

Read more