M&A
confidence high
sentiment positive
materiality 0.75
La Rosa Holdings Corp. (LRHC): M&A transaction — La Rosa Holdings acquires 100% of two Florida franchisee brokerages for $1.14M in cash and stock
La Rosa Holdings Corp.
- Total purchase price $1,136,177: $100K cash plus 1,193,752 unregistered shares at $0.868/share.
- Acquisition of Baxpi Holdings LLC and La Rosa Realty Beaches LLC, both Florida real estate brokerages.
- Seller Carrie Pietrowski subject to 6-month lock-up then 12-month leak-out on shares.
- Seller to provide consulting for 90 days post-close and ensure 75% of agents sign independent contractor agreements within 30 days.
- Non-competition and non-solicitation covenants for 18 months in Florida.