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Consolidated Operations Group closes Centrepoint Finance acquisition

Consolidated Operations Group Ltd. completed the acquisition of a 100% stake in equipment finance broker Centrepoint Finance Pty. Ltd.

The deal was completed Sept. 11.

Under the deal, which was announced in August, Consolidated Operations Group agreed to buy Centrepoint Finance for A$7.6 million plus a performance-based earn-out over the next two financial years for an additional payment of up to A$1.9 million.