secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001193805-22-000327
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource acquires northeast waste firm for $3.35M cash; expects $0.6M NOI
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- Acquired an independent asset-light environmental services company in Northeast US for $3.35M in cash.
- Deal funded by $3.5M drawdown from existing Monroe Capital Term D Loan; $12.5M remaining capacity.
- Acquisition expected to be accretive on free cash flow per share; proforma annual NOI of $0.6M.
- Acquired business consists primarily of customer contracts; average top-10 customer relationship over 7 years.
- Expands Quest's presence in commercial real estate market; CEO cites broader service capabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000119380522000327/0001193805-22-000327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000119380522000327/e621351_8k-qrhc.htm
  HTML page:      https://secwatch.observer/filing/0001193805-22-000327

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