RPMGlobal Holdings Limited (ASX:RUL) [RPM ®] and SLR Consulting (SLR) have agreed to terms whereby RPMGlobal’s Mining business will, subject to a number of customary closing conditions, be acquired by SLR with completion of the acquisition scheduled to occur in early Q2-CY2025.

RPM is pleased to announce that it has signed a share sale agreement to divest 100% of the share capital of RPM Advisory Services Pty Ltd, together with the wholly owned global subsidiary companies relevant to the global Advisory division of RPM, to SLR for an enterprise value of AUD$63.0 million, subject to customary adjustments, primarily for working capital and net debt.

The agreement with SLR was the outcome of a confidential, comprehensive global sales process, during which RPM engaged with multiple potential buyers to identify the best strategic fit for its Advisory business.

SLR is an international sustainability consultancy, with a global team that consists of over 4,000 consultants with expertise in over 45 specialty areas, delivering client solutions across six continents, through offices located in more than 25 countries. The depth and scale of this expertise allows SLR to deliver tailored solutions at the country level while also leveraging insights and capabilities from around the world to ensure solutions are fit-for-purpose and capitalise on best practices and proven experience.

Richard Mathews, CEO (Chief Executive Officer) of RPMGlobal, said “Throughout this process and building with every conversation the team has held, it has reinforced to us that SLR is a good home for our Advisory employees and clients. SLR has a very clear vision that is aligned with the leadership team of the Advisory business – being focused on becoming the leading global consultancy for environmental and business solutions by delivering quality advice to clients.”

RPM has made the strategic decision to divest its global Advisory business to focus solely on its Software business which is already a leading software provider to the global resources industry.

All RPM advisory employees will be transferred to SLR and, following the transition, will operate under the “SLR” brand.

Richard Mathews, RPM’s CEO said “Finding the right home for the Advisory business was always going to be about our people, culture and adding value to our clients. Throughout this process I have continued to be impressed by SLR’s deep cultural alignment with our own, combined with their focus on a clear vision of Making Sustainability Happen. Both companies nicely complement each other across geography and capability.”

Philippe Baudry, RPM’s Advisory Executive General Manager added “The synergetic fit into SLR’s Global Advisory business and beyond into their established core technical teams for RPM Advisory is clear. I am excited about what this opportunity will mean for our team and clients and look forward to introducing our clients to the vastly expanded SLR Mining Advisory business capability across every area of the mining value chain and beyond.”

This transaction is subject to the satisfaction of customary closing conditions and is expected to close in early Quarter 2 of Calendar Year 2025.

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RPMGlobal (RPM) has officially unveiled XERAS Cloud, a major milestone in the evolution of its flagship financial modelling solution, during its African Connect Live event in Johannesburg, South Africa. The launch introduced the mining industry to a fully hosted, cloud-native version of XERAS, engineered to meet the evolving needs of modern mining operations. 

XERAS Cloud preserves the trusted core of the original XERAS platform while delivering the speed, intelligence, and collaboration that today’s cloud technologies enable. This release represents a significant leap forward, offering mining professionals a more dynamic and responsive tool without sacrificing the reliability and familiarity they’ve come to depend on. 

“XERAS has long been the industry standard in financial modelling for mining,” said CEO Richard Mathews, who was present at the event to mark the occasion. “With XERAS Cloud, we’ve built on more than three decades of deep industry expertise and paired it with the latest cloud technologies to deliver a faster, smarter, and more collaborative solution.” The platform delivers enhanced performance, a modernised user experience, and new collaborative capabilities, all within a fully hosted SaaS model. 

A refreshed interface introduces a modern, intuitive user experience, with real-time data visualisation, streamlined navigation, and new dashboards that make financial insights more accessible and actionable. 

Among its most impactful features is real-time collaboration with live data updates. Teams across departments or global locations can now work on the same financial model simultaneously, eliminating version control challenges and accelerating financial workflows. This ensures every user is working from the most accurate, current version. 

Performance has been significantly enhanced, with improvements in calculation speed and system responsiveness enabling the platform to handle even the most complex financial models seamlessly. Its scalable architecture supports organisations as they grow in size and complexity, with enterprise-grade security and real-time monitoring ensuring full compliance and data protection. 

Built on Microsoft Azure, XERAS Cloud eliminates the need for local servers and manual updates. Automatic deployment of new features, improvements, and security patches reduces IT effort while ensuring the platform is always up-to-date and available when needed. 

To further ease adoption and integration, XERAS Cloud includes robust support for Excel imports and seamless connections to key planning systems such as MinePlanner, AMT, and ERPs such as SAP. This makes transitioning from legacy spreadsheets effortless and promotes smooth data flow across all facets of the business. 

XERAS Cloud represents the next generation of financial modelling for the mining industry, built to support professionals throughout the organisation – from individual mine sites to corporate headquarters – within a secure, scalable, and high-performing environment. By modernising planning, enhancing collaboration, and driving profitability, XERAS Cloud redefines what mining operations can achieve through smarter financial management. 

View the full PDF version of this announcement here. 

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