---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-006220"
form_type: "8-K"
ticker: "SWAG"
cik: "0001872525"
company_name: "Stran & Company, Inc."
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:45:19.325036+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stran to acquire T R Miller for cash + earnouts; T R Miller had $19M revenue in FY2022

## Summary
- Purchase price includes $1M cash at close, $1.1M in installment payments over four years, plus earnout payments based on 45% or 25% of gross profit above $4M annually.
- T R Miller generated ~$19M revenue in FY2022; operates 20,000 sq ft distribution center in Walpole, MA.
- Acquisition is Stran's fourth in thirteen months; expected to close H1 2023 subject to customary conditions.
- Acquisition adds blue-chip clients including Big Four accounting firm, Fortune 100 insurer, global sportswear manufacturer.

## SEC filing metadata
- accession: 0001213900-23-006220
- form_type: 8-K
- ticker: SWAG
- cik: 0001872525
- company_name: Stran & Company, Inc.
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872525/000121390023006220/0001213900-23-006220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872525/000121390023006220/ea172414-8k_stran.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-006220
- JSON: https://secwatch.observer/filing/0001213900-23-006220.json
- Plain text: https://secwatch.observer/filing/0001213900-23-006220.txt

## Key facts
- Material Agreements
  Stran & Company, Inc. entered into Asset Purchase Agreement with T R Miller Co., Inc. and Thomas R. Miller (effective 2023-01-25).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: T R Miller Co., Inc. and Thomas R. Miller
  - Effective: 2023-01-25
  source text: On January 25, 2023, Stran & Company, Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with T R Miller Co., Inc., a Massachusetts corporation (the “Seller” or “T R Miller”) and Thomas R. Miller (the “Stockholder”), pursuant to which the Company agreed to acquire substantially all of the assets of the Seller used in the Seller’s branding, marketing and promotional products and services business (the “Business”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390023006220/0001213900-23-006220-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.