SIS Limited Expands Medical Services Portfolio with AUD 2.5 Million Acquisition in Australia
SIS Limited's subsidiary, SIS Australia Group Pty Ltd, has acquired a 100% stake in State Medical Assistance Holdings Pty Ltd (SMA) for AUD 2.5 million in cash. SMA specializes in Non-Emergency Patient Transport and related services across three Australian states. The acquisition aims to enhance SIS's Medical & Rescue business portfolio in Australia. SMA has shown consistent revenue performance, with AUD 12.10 million in FY2023, AUD 13.50 million in FY2024, and AUD 12.70 million in FY2025. The transaction is set to complete on October 10, 2025, with no regulatory approvals required.

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SIS Limited , a prominent player in the security and facility management services sector, has announced a strategic move to bolster its presence in the Australian medical services market. The company's step-down subsidiary, SIS Australia Group Pty Ltd, has signed definitive agreements to acquire a 100% stake in State Medical Assistance Holdings Pty Ltd (SMA) for AUD 2.5 million in cash.
Acquisition Details
SMA, incorporated in 2013, specializes in Non-Emergency Patient Transport (NEPT), event medical support, clinical governance, and aged care services across three Australian states: New South Wales, Victoria, and Western Australia. This acquisition aligns with SIS's strategy to enhance its Medical & Rescue business portfolio in Australia by adding patient transport services.
Financial Performance
The acquired company has demonstrated consistent revenue performance over the past three years:
Financial Year Ended | Revenue (AUD Million) |
---|---|
June 30, 2023 | 12.10 |
June 30, 2024 | 13.50 |
June 30, 2025 | 12.70 |
Strategic Implications
This acquisition is expected to complement SIS Limited's existing operations in Australia, particularly in the medical and rescue services segment. By integrating SMA's specialized services, SIS aims to strengthen its market position and expand its service offerings in the healthcare sector.
Transaction Highlights
- Consideration: AUD 2.5 million in cash
- Shareholding Acquired: 100% stake in State Medical Assistance Holdings Pty Ltd
- Completion Date: October 10, 2025
- Regulatory Approvals: No governmental or regulatory approvals required
Market Impact
The strategic acquisition is likely to be viewed positively by investors, as it demonstrates SIS Limited's commitment to growth and diversification in the Australian market. The move could potentially lead to synergies between SIS's existing operations and SMA's specialized services, possibly resulting in improved operational efficiency and expanded market reach.
As SIS Limited continues to strengthen its global presence, particularly in the medical services sector, this acquisition marks a significant step towards achieving its long-term growth objectives in the Australian market.
Investors and market analysts will be keenly watching how this acquisition translates into value creation for SIS Limited in the coming quarters, especially in terms of revenue growth and market share in the Australian healthcare services sector.
Historical Stock Returns for SIS
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.28% | -5.26% | -7.63% | -2.85% | -19.66% | -8.61% |