Stealth Global Holdings Limited (ASX:SGI) agreed to acquire Business assets of United Tools Albany, Western Australia from United Tools Albany for AUD 0.46 million on April 29, 2022. Out of purchase price AUD 0.46 million, AUD 0.39 million is payable on completion- May 2, 2022 and AUD 0.07 million balance is payable by April 30, 2023. Assets to be transferred to Stealth on completion include AUD 0.30 million of stock inventory. Vendors will remain in the business for 1 year and receive 20% of the Net Profit Before Tax achieved over and above the baseline threshold of AUD 0.20 million. The target for FY21 had revenue AUD 1.4 million and EBITDA AUD 0.3 million. The transaction is to be completed on May 2, 2022. Synergies expected to deliver +25% EBITDA growth in the next 12 months.