M&A
confidence high
sentiment neutral
materiality 0.45
La Rosa Holdings Corp. (LRHC): M&A transaction — La Rosa acquires 51% of franchisee La Rosa Realty Orlando for stock worth $648K
La Rosa Holdings Corp.
- Acquired 51% membership interest in La Rosa Realty Orlando on Dec 20, 2023.
- Purchase price of $648,188.97 paid via 415,506 unregistered shares at $1.56/share.
- Realty Orlando had 2022 revenue of $3.6M and positive net income.
- Company targets $100M annualized revenue run rate by end of 2024 with more acquisitions.