Intelligent Monitoring Group (ASX:IMB) agreed to acquire New Zealand-based fire protection services firm Tyco NZ and security provider Red Wolf, from the unit of Ireland-based smart building provider Johnson Controls International, for NZ$45 million, according to a Thursday filing with the Australian bourse.

The deal is expected to be materially accretive to the company, and not close before Feb. 28, 2026, the filing said.

The company expects fiscal year 2026 pro-forma revenue of NZ$89.5 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of NZ$10.9 million from the deal, the filing added.

Upon completion, the deal will provide IMB with a pro forma consolidated annualised revenue of AU$318 million and EBITDA in the range of AU$53 million to AU$57 million, the company said.

The company will also see pro-forma earnings per share in the range of AU$0.000666 to AU$0.00074, the company added.

The deal will be funded via debt from existing bank facilities.

Shares of the company rose 10% in recent Thursday trade.