{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-097110","form_type":"8-K","ticker":null,"cik":"0001651052","company_name":"Focus Financial Partners Inc.","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.718581+00:00","generated_at":"2026-06-11T01:17:13.790131+00:00","sec_items":["1.01","2.01","2.03","3.01","3.03","5.01","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Focus Financial completes CD&R/Stone Point acquisition; stock delisted at $53/share","bullets":["Merger consideration of $53 per share in cash; aggregate payment to stockholders approx. $4.5B.","Enterprise value in excess of $7B; deal funded by equity from CD&R and Stone Point and $500M incremental term loan.","Company's Class A common stock ceased trading on Nasdaq; deregistration filed.","Board resigned prior to merger effective time; new directors from acquirers appointed.","New $500M senior secured term loan B-6 facility matures June 2028; SOFR+3.5% margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-097110","json":"https://secwatch.observer/filing/0001104659-23-097110.json","markdown":"https://secwatch.observer/filing/0001104659-23-097110.md","text":"https://secwatch.observer/filing/0001104659-23-097110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651052/000110465923097110/0001104659-23-097110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651052/000110465923097110/tm2325227d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:17:13.790131+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f332fcb142390d3e8b0752e14b56893911aa3855","claim":"Focus Financial Partners Inc. incurred term loan of $500.0 million with Royal Bank of Canada, as term administrative agent, collateral agent and fronting bank, and Bank of America, N.A., as revolver administrative agent and letter of credit issuer at adjusted term SOFR rate plus 3.50% per annum maturing June 30, 2028.","evidence_excerpt":"into a Material Definitive Agreement. 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}