COSOL agreed to acquire Core Asset, a consultancy specialising in asset management, for up to $6.1 million in cash, shares, and performance-based earn-outs.

The acquisition will bolster COSOL's Asset Management-as-a-Service, particularly in the resources, utilities, and agribusiness sectors, by enhancing strategic planning and decision support.

CEO Scott McGowan anticipates that Core Asset's expertise will reinforce COSOL's global leadership in asset optimisation.

Founder Joshua Old will join COSOL's senior leadership to accelerate AMaaS delivery to a broader clientele.