M&A
confidence high
sentiment positive
materiality 0.65
La Rosa Holdings Corp. (LRHC): M&A transaction — La Rosa Holdings acquires franchisee La Rosa Realty North Florida for $1.13M in cash and stock
La Rosa Holdings Corp.
- La Rosa acquired 100% of La Rosa Realty North Florida for $1,131,053.50 (cash $300K + 522,675 shares at $1.59/sh).
- Realty North Florida had $4.3M revenue and positive cash flow (excl. exec management) in 2022.
- CEO stated acquisition supports goal of $100M annualized revenue run rate by end of 2024.