# Southern Cross Electrical Engineering completes acquisition of Trivantage

Southern Cross Electrical Engineering Limited (SCEE) has completed the acquisition of Trivantage Pty Ltd for AUD 53.5 million, comprising cash and shares, with additional earn-out payments based on future EBIT.

- Type: Acquisition
- Announced: 2020-12-16
- Where: Australia
- Value: $40.0M (53.5M AUD)
- Status: completed
- Products: electrical engineering services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Southern Cross Electrical Engineering](https://endata.com/companies/51378.md) (acquirer)
- [Trivantage](https://endata.com/companies/51913.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SOUTHERN-CROSS-ELECTRICAL-8853489/news/Southern-Cross-Electrical-Engineering-Limited-completed-the-acquisition-of-Trivantage-Pty-Ltd-from-P-33584386/), 2020-12-15: "Completion is expected to occur in mid-December 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.