secwatch.observer — SEC 8-K summary
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Issuer:     Dorman Products, Inc. (DORM)
CIK:        0000868780
Form:       8-K
Filed at:   2022-08-18T23:59:59+00:00
Accession:  0001193125-22-223709
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorman Products to acquire SuperATV for $490M cash plus up to $100M earn-out
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- Transaction valued at $490M at closing, adjusted to ~$445M after tax benefits; earn-out up to $100M based on 2023-2024 targets.
- SuperATV generated $211M net sales in 2021; acquisition expected to close in H2 2022 after HSR clearance.
- Deal financed via $500M incremental term loan; net leverage expected below 2.3x; immediately accretive to margins and adjusted EPS.
- Acquisition adds leading powersports aftermarket supplier with direct-to-consumer platform and 3,500+ dealer network.
- Dorman plans to leverage its 'New to the Aftermarket' engine to accelerate SuperATV growth; combined company to operate independently until close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868780/000119312522223709/0001193125-22-223709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868780/000119312522223709/d391837d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-223709

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