La Rosa Holdings Corp. (LRHC): M&A transaction — La Rosa Holdings acquires franchisee Winter Garden for 268,858 shares; targets $100M revenue run rate

La Rosa Holdings Corp.

Acquired 100% of La Rosa Realty Winter Garden LLC for 268,858 unregistered shares at $1.31/share ($352,204 total).
Winter Garden generated $1.4M revenue and positive cash flow in 2023; provides brokerage and coaching services.
CEO targets $100M annualized revenue run rate by end of 2024 and profitability in early 2025 via additional acquisitions.
Selling members subject to lock-up: max 1/12 of shares per month after 6-month Rule 144 holding period.
Company has additional LOIs for more franchisees and two ancillary services companies.

item 1.01 item 2.01 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

La Rosa Holdings Corp. completed an acquisition involving La Rosa Realty Winter Garden LLC and the two selling members for $352,204.25 (closed 2024-02-21).

Action: acquisition
Counterparty: La Rosa Realty Winter Garden LLC and the two selling members
Consideration: $352,204.25
Closing: 2024-02-21

Exact text from the filing

Agreement”), by and among the Company, Winter Garden and the two selling members of Winter Garden (the “Selling Members”). The purchase price for the Membership Interests was $352,204.25, which was settled by the issuance of an aggregate of 268,858 unregistered shares of the Company’s common stock to the Selling Members based on $1.31 per share, the closing price

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8 m&a transactions filed in the last 30 days. Browse all m&a transactions →

La Rosa Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001213900-24-016508

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