Skip to main content
Austco Healthcare acquires Medical Communications Systems for $2.9M
Image for illustrative purposes only. Not a real photo.

Austco Healthcare acquires Medical Communications Systems for $2.9M

Share
  • 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.

Frequently asked questions