--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-24-047571" form_type: "8-K" ticker: null cik: "0001305168" company_name: "ARC DOCUMENT SOLUTIONS, INC." filed_at: "2024-11-22T23:59:59+00:00" generated_at: "2026-05-29T19:36:11.406842+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # ARC Document Solutions acquired by TechPrint Holdings for $3.40/share, goes private ## Summary - Merger completed Nov 22, 2024; stockholders receive $3.40/share cash; total consideration ~$240M. - NYSE delisting filed; company will deregister and suspend SEC reporting obligations. - New $125M term loan and $60M revolver from lenders led by U.S. Bank to finance merger. - Board of directors replaced; CEO Suriyakumar resigns; new board includes Pathiratne, Wijesuriya, Avalos. - Transaction led by Acquisition Group including CEO, President, CFO, CTO, and private investors. ## SEC filing metadata - accession: 0001140361-24-047571 - form_type: 8-K - cik: 0001305168 - company_name: ARC DOCUMENT SOLUTIONS, INC. - filed_at: 2024-11-22T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.02, 5.03, 5.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/ef20039068_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-24-047571 - JSON: https://secwatch.observer/filing/0001140361-24-047571.json - Plain text: https://secwatch.observer/filing/0001140361-24-047571.txt ## Key facts - Executive change Jorge Avalos was appointed as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: Director source text: Pursuant to the Merger Agreement, effective as of the Effective Time, each of Sujeewa Sean Pathiratne, Dilantha Wijesuriya and Jorge Avalos, comprising all of the members of the board of directors of Merger Sub as of immediately prior to the Effective Time, became a member of the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Cheryl Cook resigned as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Director source text: Pursuant to the Merger Agreement, on November 22, 2024, at the Effective Time, each of Tracey Luttrell, Bradford L. Brooks, Cheryl Cook, Mark W. Mealy and Kumarakulasingam Suriyakumar submitted his or her resignation from the board of directors of the Company (the “Board”) and from all committees of the Board on which such director served. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Kumarakulasingam Suriyakumar resigned as Chief Executive Officer at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Chief Executive Officer source text: At the Effective Time, Kumarakulasingam Suriyakumar resigned as Chief Executive Officer of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Rahul K. Roy was appointed as Chief Technology Officer at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: Chief Technology Officer source text: Rahul K. Roy was appointed as Chief Technology Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Tracey Luttrell resigned as Corporate Secretary at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Corporate Secretary source text: and Tracey Luttrell resigned as Corporate Secretary of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Jorge Avalos was appointed as Treasurer, Secretary and Chief Financial Officer at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: Treasurer, Secretary and Chief Financial Officer source text: Jorge Avalos was appointed as Treasurer, Secretary and Chief Financial Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Bradford L. Brooks resigned as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Director source text: Pursuant to the Merger Agreement, on November 22, 2024, at the Effective Time, each of Tracey Luttrell, Bradford L. Brooks, Cheryl Cook, Mark W. Mealy and Kumarakulasingam Suriyakumar submitted his or her resignation from the board of directors of the Company (the “Board”) and from all committees of the Board on which such director served. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Tracey Luttrell resigned as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Director source text: Pursuant to the Merger Agreement, on November 22, 2024, at the Effective Time, each of Tracey Luttrell, Bradford L. Brooks, Cheryl Cook, Mark W. Mealy and Kumarakulasingam Suriyakumar submitted his or her resignation from the board of directors of the Company (the “Board”) and from all committees of the Board on which such director served. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Sujeewa Sean Pathiratne was appointed as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: Director source text: Pursuant to the Merger Agreement, effective as of the Effective Time, each of Sujeewa Sean Pathiratne, Dilantha Wijesuriya and Jorge Avalos, comprising all of the members of the board of directors of Merger Sub as of immediately prior to the Effective Time, became a member of the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Dilantha Wijesuriya was appointed as President and Chief Operating Officer at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: President and Chief Operating Officer source text: Dilantha Wijesuriya was appointed as President and Chief Operating Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Kumarakulasingam Suriyakumar resigned as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Director source text: Pursuant to the Merger Agreement, on November 22, 2024, at the Effective Time, each of Tracey Luttrell, Bradford L. Brooks, Cheryl Cook, Mark W. Mealy and Kumarakulasingam Suriyakumar submitted his or her resignation from the board of directors of the Company (the “Board”) and from all committees of the Board on which such director served. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Dilantha Wijesuriya was appointed as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: appointed - Role: Director source text: Pursuant to the Merger Agreement, effective as of the Effective Time, each of Sujeewa Sean Pathiratne, Dilantha Wijesuriya and Jorge Avalos, comprising all of the members of the board of directors of Merger Sub as of immediately prior to the Effective Time, became a member of the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Executive change Mark W. Mealy resigned as Director at ARC DOCUMENT SOLUTIONS, INC.. - Action: resigned - Role: Director source text: Pursuant to the Merger Agreement, on November 22, 2024, at the Effective Time, each of Tracey Luttrell, Bradford L. Brooks, Cheryl Cook, Mark W. Mealy and Kumarakulasingam Suriyakumar submitted his or her resignation from the board of directors of the Company (the “Board”) and from all committees of the Board on which such director served. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Governance Changes ARC DOCUMENT SOLUTIONS, INC.: The Restated Certificate of Incorporation was amended and restated in its entirety at the Effective Time of the merger. - Change: charter amendment source text: At the Effective Time, (i) the Company’s Restated Certificate of Incorporation was amended and restated in its entirety and (ii) the Company’s Third Amended and Restated Bylaws were amended and restated in their entirety, each in accordance with the terms of the Merger Agreement. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - Governance Changes ARC DOCUMENT SOLUTIONS, INC.: The Third Amended and Restated Bylaws were amended and restated in their entirety, resulting in the Fourth Amended and Restated Bylaws. - Change: bylaw amendment source text: At the Effective Time, (i) the Company’s Restated Certificate of Incorporation was amended and restated in its entirety and (ii) the Company’s Third Amended and Restated Bylaws were amended and restated in their entirety, each in accordance with the terms of the Merger Agreement. evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm - M&A Transactions ARC DOCUMENT SOLUTIONS, INC. underwent a change of control involving TechPrint Holdings, LLC (Parent) and TechPrint Merger Sub, Inc. for $3.40 per share (closed 2024-11-22). - Action: change of control - Counterparty: TechPrint Holdings, LLC (Parent) and TechPrint Merger Sub, Inc. - Consideration: $3.40 per share - Closing: 2024-11-22 source text: Shares” and, together with (i)-(iv), the “Excluded Shares”)) was cancelled and extinguished and automatically converted into the right to receive cash in an amount equal to $3.40 per share, payable to the holder thereof, without interest thereon (the “Merger Consideration”). For purposes of this Current Report on Form 8-K, the term “Acquisition Group” evidence_url: https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.