secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0000822818-21-000039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Harbors to acquire HydroChemPSC for $1.25B in cash
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- All-cash purchase price of $1.25 billion, subject to customary adjustments.
- HPC 2021E revenue ~$744M, adjusted EBITDA ~$115M.
- Clean Harbors anticipates $40M in cost synergies after first full year, implying 8.1x post-synergy multiple.
- Financing through cash on hand and debt; Goldman Sachs committed $1.0B term loan.
- Transaction expected to close later in 2021, pending regulatory approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281821000039/0000822818-21-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281821000039/clh-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000822818-21-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer