Kip McGrath Education Centres Limited (ASX:KME) executed a confidential agreement to acquire Corporate Center in Palmerston North, New Zealand for AUD 0.3 million on December 17, 2020. In a related deal, Kip McGrath Education Centres Limited (ASX:KME) executed a confidential agreement to acquire five centers for AUD 0.9 million on December 17, 2020. The transactions will complete in early January, 2021 and are expected to have a positive impact on revenue of AUD 1.4 million for the remainder of the 2021 financial year and a AUD 0.2 million EBITDA impact.