Acquisition History / Tasmea Limited / Maxim Group Australia Pty Ltd

Tasmea Limited Acquires Maxim Group Australia Pty Ltd

Announced June 2, 2026 — $167.6M

Tasmea LimitedSpecialist electrical contracting2026

What happened

Maxim Group is a Victoria-headquartered specialist electrical contractor focused on data centres, major government infrastructure, battery energy storage and renewable energy projects, with about 600 full-time staff and 450+ delivered projects. ASX-listed industrial services group Tasmea executed a share purchase agreement for 100% of Maxim for up to A$254M, comprising A$184M upfront in cash and shares plus up to A$70M of earn-outs; settlement targeted around 1 July 2026 subject to ACCC approval.

Acquirer
Tasmea Limited
Target
Maxim Group Australia Pty Ltd
Announced
June 2, 2026
Price
$167.6M
Industry
Specialist electrical contracting
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

Tasmea Limited's acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 Tasmea Limited deals
Tasmea Limited's average disclosed price
$103.8M
Tasmea Limited's largest disclosed deal
Maxim Group Australia Pty Ltd ($167.6M)
Tracked acquisitions in 2026
397 across all acquirers
Tasmea Limited in Specialist electrical contracting
1 acquisition

Frequently Asked Questions About This Acquisition

When did Tasmea Limited acquire Maxim Group Australia Pty Ltd?

Tasmea Limited acquired Maxim Group Australia Pty Ltd on June 2, 2026. This was Tasmea Limited's 2nd publicly tracked acquisition out of 2 we have on record.

How much did Tasmea Limited pay for Maxim Group Australia Pty Ltd?

Tasmea Limited paid $167.6M for Maxim Group Australia Pty Ltd.

What does Maxim Group Australia Pty Ltd do?

Maxim Group is a Victoria-headquartered specialist electrical contractor focused on data centres, major government infrastructure, battery energy storage and renewable energy projects, with about 600 full-time staff and 450+ delivered projects. ASX-listed industrial services group Tasmea executed a share purchase agreement for 100% of Maxim for up to A$254M, comprising A$184M upfront in cash and shares plus up to A$70M of earn-outs; settlement targeted around 1 July 2026 subject to ACCC approval.

What other Specialist electrical contracting companies has Tasmea Limited acquired?

Maxim Group Australia Pty Ltd is Tasmea Limited's only publicly tracked acquisition in Specialist electrical contracting so far.

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More Tasmea Limited acquisitions

See all 2 Tasmea Limited acquisitions →