secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001193805-21-001708
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource acquires RWS & InStream for $44M; expects >50% revenue, EBITDA boost
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- Acquired RWS for $33M cash and InStream for $11M cash plus up to $1.5M earnout; combined consideration ~$44M.
- Transactions expected to add >$80M revenue, ~$2.2M net income, and $5.5M adjusted EBITDA; accretive on FCF per share.
- Credit facility with Monroe Capital amended to $75M, borrowing costs reduced by 350 bps, and improved terms.
- RWS and InStream expand Quest's presence in commercial property and industrial markets; annual net income and EBITDA estimated to increase >50%.
- Deal funded via Term C Loans under amended Monroe Credit Agreement; RWS and InStream guarantors added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000119380521001708/0001193805-21-001708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000119380521001708/e621135_8k-qrhc.htm
  HTML page:      https://secwatch.observer/filing/0001193805-21-001708

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