secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001193125-26-133296
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Repay Holdings to acquire KUBRA for $372M; expects Q2 2026 close
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- Aggregate purchase price ~$372M; financed via cash on hand and $500M term loan + $100M revolver from Truist.
- Combined 2025 revenue ~$548M, Adj. EBITDA ~$178M; expects $15M+ annual cost synergies and $5M+ tech savings.
- KUBRA serves 250+ clients in utilities, government, insurance; reaches over 40% of US/Canada households.
- Closing expected Q2 2026 subject to HSR and other regulatory approvals; termination fee of $18.6M if REPAY fails to close.
- REPAY to host investor conference call March 31, 2026 at 8:00 AM ET to discuss the acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/0001193125-26-133296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/rpay-20260330.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-133296

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