Intelligent Monitoring Group Limited (ASX:IMB) agreed to acquire Bluesky Holdco Limited from Johnson Controls International plc (NYSE:JCI) for NZD 45 million on December 11, 2025. A cash consideration of NZD 45 million will be paid by Intelligent Monitoring Group Limited. As part of consideration, NZD 45 million is paid towards common equity of Bluesky Holdco Limited. MG will fund the Acquisition wholly via debt from its existing approved banking facilities and cash flow

For the period ending December 31, 2024, Bluesky Holdco Limited reported total revenue of NZD 82.6 million.

The expected completion of the transaction is February 28, 2026.