secwatch / observer
8-K filed January 3, 2023, 6:59 PM ET CIK 0000893691
M&A confidence high sentiment positive materiality 0.75

MASONITE INTERNATIONAL CORP: M&A transaction — Masonite completes $375M cash acquisition of Endura Products, funded with $250M term loan

MASONITE INTERNATIONAL CORP

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

MASONITE INTERNATIONAL CORP completed an acquisition involving Endura for approximately $375 million in cash (closed 2023-01-03).

Action
acquisition
Counterparty
Endura
Consideration
approximately $375 million in cash
Closing
2023-01-03
Exact text from the filing
equityholders’ representative, pursuant to which Buyer acquired all of the rights and interests in and to the capital stock of Endura, for a purchase price of approximately $375 million in cash, subject to certain adjustments as set forth in the SPA. On December 30, 2022, Buyer, Endura Stockholders, Endura Warrant Holders, Endura and Bruce Procton entered into
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MASONITE INTERNATIONAL CORP amended Amendment with Endura Stockholders, Endura Warrant Holders, Endura and Bruce Procton (effective 2022-12-30).

Action
amendment
Agreement
equity purchase
Counterparty
Endura Stockholders, Endura Warrant Holders, Endura and Bruce Procton
Effective
2022-12-30
Exact text from the filing
On December 30, 2022, Buyer, Endura Stockholders, Endura Warrant Holders, Endura and Bruce Procton entered into an amendment to the SPA (the “Amendment”), pursuant to which, among other things, the Initial Outside Date (as defined in the SPA) was amended to be January 4, 2023 to permit the transaction to be completed on January 3, 2023.
View on SEC.gov

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Source: SEC EDGAR
accession 0000893691-23-000003
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