1847 Holdings subsidiary agrees to acquire CMD Companies for $18.75M cash

1847 Holdings LLC

1847 CMD Inc., a wholly owned subsidiary, will buy all stock and membership interests of CMD Inc. and CMD Finish Carpentry LLC.
Aggregate cash purchase price is $18.75M, subject to working capital adjustments; $1M deposit already paid.
Transaction expected to close on or before December 3, 2024, subject to customary closing conditions.
Seller agrees to a 3-year non-compete; mutual indemnification with $60K threshold and $2.5125M cap for non-fundamental breaches.

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