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SCD advises Exent on their sale to Atturra

Exent is a specialist advisory firm in digital transformation with a focus on core business processes and applications.

Atturra is an Australia-based ASX listed advisory and IT solutions provider.

Deal Rationale SCD Approach SCD Value Add

Overview

Advisory & Preparation 1 month

Go-To-Market to Closing 2 months

Potential Buyers Approached 50

Advisors

Sell Side Lawyers Maddocks

Buy Side Lawyers HWL Ebsworth

Buy Side Financial Advisor RSM

Deal Rationale

For the sellers, the deal provided full liquidity to exit the business and establish a succession plan.

For Atturra, it allowed them to expand their capabilities by integrating an advisory business into their traditional IT services model, enhancing their overall service offering.

SCD Approach

Exent engaged SCD for advisory services due to our deep knowledge of the digital transformation and consulting landscape, as well as a sell readiness workshop (“prep4sale”) completed 2 years prior. SCD was tasked with finding an acquirer that provided both strategic growth opportunities and cultural alignment, with a primary objective of liquidity for the founder. SCD led the preparation and execution phases, focusing on acquirers that fit Exent’s strategic goals.

SCD Value Add

SCD’s previous “prep4sale” assessment allowed for a quicker process, while our strong relationship with Atturra, having completed a prior deal with them, helped facilitate a smooth transaction. SCD’s ability to act quickly ensured that the process was completed within 2 months, despite the intense due diligence phase and the tight timeframes. Our efforts ensured a strong strategic and cultural fit with Atturra, delivering a successful financial outcome for the founder.

SCD were outstanding partners who brought a real understanding of consulting businesses and how they are best sold. They delivered a transaction that exceeded our expectations and moved with great speed and effectiveness. SCD were instrumental and we're very grateful for their contributions to another great win in Exent's fantastic story.

Joe Fazzari,
Founder, Exent

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SCD advises Exent on their sale to Atturra

Deal Rationale

SCD Approach

SCD Value Add