Here's another relatively recent float that caught my eye in the quarterlies today. RXP is acquiring ICT consulting services and reporting growing cashflows.

It's possibly a little early for RXP (currently trading at 50.5cps), as most roll-ups seem to have at least one speed bump and plenty seem to fail due to overpaying for acquisitions. However probably all be clearer in 7 months time when the HY13 comes out.

Definitely seems like a space where consolidation might work. Have put it on the watchlist.