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Monarch Surveyors announced its Board has approved acquisition of 100% equity of GM & FE Ryan Pty Ltd, Australia for approximately AUD 1.81 million. The target company operates GMR Engineering Services, an established engineering consulting and land surveying firm in Victoria, Australia with over 20 years of operating history. Services include civil/structural engineering, land surveying, GIS, drone/UAV surveying, water engineering and project management. The acquisition provides strategic entry into the Australian market with access to established client relationships and government procurement panels. Expected completion is May 2026, subject to regulatory approvals and due diligence completion.
This acquisition marks Monarch's first international expansion, providing income-accretive growth, diversified revenue streams, and access to the Australian infrastructure market through an established execution platform.