M&A
confidence high
sentiment neutral
materiality 0.60
Medalist Diversified agrees to acquire two Caliber Collision properties in Texas for ~$11.1M
Medalist Diversified, Inc.
- Total consideration: $5,494,444 for Denton Property and $5,648,000 for Johnson Property.
- Properties are Caliber Collision Centers located in Aubrey and Cleburne, Texas.
- Acquisitions expected to close within 60 days; earnest deposits of $122,000 and $105,000.
- Company plans to assign interests to DSTs and offer beneficial interests to accredited investors.
- Closing conditions remain; no assurance the transactions will be completed.