secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001193125-23-073866
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSG files pro forma financials for combined TestEquity, Gexpro Services acquisition
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- Pro forma combined revenue $1.27B, net income $13.3M for year ended Dec 31, 2022.
- Basic EPS $0.66, diluted EPS $0.65 on 20.2M and 20.5M shares respectively.
- Consideration: 9.12M DSG shares at $38.54/share, total fair value $353M.
- Identifiable intangibles $119M (customer relationships $76M, tradenames $43M) and goodwill $181M.
- DSG incurred $12.7M transaction costs; earnout shares of 700k (TestEquity) and 1M (Gexpro Services) subject to conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000119312523073866/0001193125-23-073866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000119312523073866/d292097d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-073866

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer