
Austco Healthcare acquires Medical Communications Systems for $2.9M
- Austco Healthcare agreed to purchase 100% of Medical Communications Systems for a total consideration of approximately $2.9 million.
- The stock price for Austco Healthcare remained unchanged following the announcement.
- The transaction forms part of a broader strategy to acquire established resellers and strengthen direct sales capabilities.
Austco Healthcare (ASX:AHC) entered into a binding agreement to acquire 100% of Medical Communications Systems for approximately $2.9 million.
The transaction follows prior acquisitions, including Teknocorp in 2023, Amentco in 2024, and G&S Technologies in 2025.
No executive quotes were included in the official announcement text.
The purchase price comprises an upfront cash payment of approximately $2.2 million alongside a performance-based cash earnout.
Following the announcement, the Austco Healthcare share price was unchanged at $0.22.
Medical Communications Systems has operated as Austco's certified nurse call reseller in South Australia since 2011.
The target company currently employs 12 staff and services healthcare and aged-care customers across South Australia.
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