---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-110071"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:41:55.760592+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Acacia acquires Deflecto for $103.7M; expects $128-136M revenue in 2024

## Summary
- Purchase price of $103.7M funded with $48M term loan under new $55M credit facility and cash on hand.
- Deflecto generated ~$131M TTM revenue; 2024 guidance: $128-136M revenue and $17.5-19.5M EBITDA.
- Deflecto is a specialty manufacturer for commercial transportation, HVAC, and office markets across nine plants.
- Existing CEO Ross Pliska to continue leading Deflecto; deal expected to be immediately accretive to FCF and EPS.
- Credit facility includes $48M term loan and $7M revolver, maturing 2029, with net leverage covenants.

## SEC filing metadata
- accession: 0001104659-24-110071
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000110465924110071/0001104659-24-110071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000110465924110071/tm2426513d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-110071
- JSON: https://secwatch.observer/filing/0001104659-24-110071.json
- Plain text: https://secwatch.observer/filing/0001104659-24-110071.txt

## Key facts
- M&A Transactions
  ACACIA RESEARCH CORP completed an acquisition involving Deflecto Holdings, LLC and Evriholder Finance LLC for $103.7 million (closed 2024-10-18).
  - Action: acquisition
  - Counterparty: Deflecto Holdings, LLC and Evriholder Finance LLC
  - Consideration: $103.7 million
  - Closing: 2024-10-18
  source text: October 18, 2024. Purchase Price. Under the terms and conditions of the Stock Purchase Agreement, the aggregate consideration paid to the Sellers in the Transaction consisted of $103.7 million, subject to certain working capital, debt and other customary adjustments set forth in the Stock Purchase Agreement (the “Purchase Price”). The Purchase Price was funded with a
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000110465924110071/0001104659-24-110071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.