SYDNEY – Volt Group Ltd (ASX: VPR) said on Wednesday it will acquire Perth-based 4D Delta Pty Ltd, a profitable provider of digital asset inspection and condition monitoring technologies, in a deal valued at A$7.25 million.
The acquisition, comprising equal parts cash and Volt shares, is expected to transform Volt into a more diversified technology-enabled services company targeting the global resources sector. Volt will issue approximately 26.9 million shares at A$0.135 apiece, subject to shareholder approval and an 18-month escrow.
4D Delta, which serves clients including Rio Tinto, BHP, Alcoa and South32, has developed proprietary software and a cloud platform that processes high-speed point cloud data for fixed plant infrastructure. The company generated unaudited revenue of A$3.4 million and EBITDA of A$700,000 in FY25, with Volt forecasting CY26 revenue of up to A$4.7 million and EBITDA of A$1.6 million.
Volt will also raise A$3.75 million to fund the acquisition, with vendor participation. Completion is expected by late December, pending shareholder approval and other customary conditions.
The deal includes contingent earn-outs capped at A$2.25 million based on EBITDA performance in FY26 and FY27. Key personnel from 4D Delta will remain with the business post-acquisition.
Volt Chairman Adam Boyd said the acquisition aligns with the company’s strategy to scale its proprietary equipment and service technologies. 4D Delta founder Garth Johnson said the transaction positions the business for accelerated growth in Australia and the U.S.