Regis Healthcare Limited (ASX:REG) agreed to acquire Cpsm Pty Ltd for approximately AUD 230 million on November 15, 2023.As part of the transaction, the RAD liability assumed at completion is expected to be approximately AUD 151 million. Transaction funded from existing debt facilities. CPSM reported FY23 operating revenue and underlying EBITDA of AUD 67 million and AUD 13 million respectively.

The transaction, which is subject to customary conditions, is expected to complete on December 1, 2023.