DLH acquires GRSi for $185M; adds ~$140M annual revenue and $550M backlog

DLH Holdings Corp.

Purchase price of $185M ($157.9M net of tax benefits) comprised of $178M cash and $7M equity.
GRSi generates approximately $140M in annualized revenue and had a backlog of about $550M at closing.
DLH financed the deal via a $190M term loan and $70M revolving credit facility.
GRSi adds ~700 employees and strengthens DLH's IT, cloud, and cyber capabilities for federal clients.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.