Brady Corp sells PremiSys software assets for ~$8M plus $1M deferred

BRADY CORP

Sale of PremiSys software and hardware assets to SGI Matrix, LLC (ACRE affiliate) for ~$8M at closing.
Additional $1M deferred purchase price payable 12 months after closing.
PremiSys has annual sales of approximately $12 million.
Transaction expected to close in fiscal year ending July 31, 2023.

item 8.01

BRADY CORP filing history →

Source: SEC EDGAR

accession 0000746598-23-000017

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