DMC Global Inc

-1.54 (-3.77%)
Debt Financing / Related

Dmc Global To Acquire 60% Controlling Interest In Arcadia Inc

Published: 12/17/2021 13:22 GMT
DMC Global Inc (BOOM) - Dmc Global to Acquire 60% Controlling Interest in Arcadia Inc.dmc Global Inc - Acquisition Expected to Be Accretive to Earnings in 2022.
Dmc Global Inc - to Acquire a 60% Controlling Interest in Privately Held Arcadia Inc. for $282.5 Million in Cash and Dmc Stock.
Dmc Global Inc - $262.0 Million of Purchase Price to Be Paid in Cash and $20.5 Million Will Be Paid in Dmc Stock.
Dmc Global Inc - Cash Portion to Be Financed With Cash and Marketable Securities on Dmc's Balance Sheet and Funds From a $150.0 Million Senior Credit Facility.
Dmc Global Inc - to Acquire Remaining 40% Interest in Arcadia Through a Three-year Put and Call Option With a Floor Valuation of $187.1 Million.
Dmc Global Inc - Total Implied Transaction Value is $469.6 Million.
Dmc Global Inc - Arcadia Will Operate As a Standalone Business of Dmc and Will Be Led by Jim Schladen and His Management Team.