Stealth Group (ASX: SGI) Secures AU$19.5 million to Drive Expansion and HBT Integration
Stealth Group Holdings Ltd (ASX: SGI) has completed a AU$19.5 million capital raising to advance its expanded operating model and accelerate integration of Hardware and Building Traders (HBT). The placement, conducted at AU$1.00 per share, was supported by institutional and professional investors, enhancing Stealth’s balance sheet and improving financial flexibility. Funds will be used to reduce existing debt and provide additional working capital, enabling the rollout of Stealth’s wholesale distribution strategy linked to the HBT acquisition.
Stealth operates a diversified multi-channel distribution platform supplying industrial, hardware, trade, and consumer markets across Australia. Its operations span wholesale, company-owned stores, reseller networks, retail and trade partnerships, e-commerce, manufacturing, and onsite solutions, backed by a large national logistics and sales network. Strengthened by the new capital, the company is positioned to scale its national footprint and progress towards its long-term strategic growth targets.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au
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Stealth Group (ASX: SGI) Secures AU$19.5 million to Drive Expansion and HBT Integration
Stealth Group Holdings Ltd (ASX: SGI) has completed a AU$19.5 million capital raising to advance its expanded operating model and accelerate integration of Hardware and Building Traders (HBT). The placement, conducted at AU$1.00 per share, was supported by institutional and professional investors, enhancing Stealth’s balance sheet and improving financial flexibility. Funds will be used to reduce existing debt and provide additional working capital, enabling the rollout of Stealth’s wholesale distribution strategy linked to the HBT acquisition.
Stealth operates a diversified multi-channel distribution platform supplying industrial, hardware, trade, and consumer markets across Australia. Its operations span wholesale, company-owned stores, reseller networks, retail and trade partnerships, e-commerce, manufacturing, and onsite solutions, backed by a large national logistics and sales network. Strengthened by the new capital, the company is positioned to scale its national footprint and progress towards its long-term strategic growth targets.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au