m_and_a
confidence high
sentiment positive
materiality 0.95
CompoSecure closes $7.4B Husky acquisition; rebrands to GPGI, Inc.
GPGI, Inc.
- Combined company valued at $7.4B, ~11.6x 2026E Pro Forma Adj. EBITDA of ~$635M; deal >20% accretive to adj. diluted EPS.
- Issued 54.98M shares to Platinum parties and 106.06M shares to PIPE investors at $18.50/share for ~$1.96B.
- Appointed Louis Samson and Delara Zarrabi to board; dismissed Grant Thornton, appointed EY as auditor for FY2026.
- Rebranded corporate entity to GPGI, Inc.; ticker change to 'GPGI' expected Jan 23, 2026.
- Assumed ~$3.12B in Husky debt including $1B 9.000% senior secured notes; refinancing to close Jan 14.
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