m_and_a
confidence high
sentiment neutral
materiality 0.65
PMGC completes acquisition of Pacific Sun Packaging for $1.15M cash plus $250K earnout
PMGC Holdings Inc.
- Purchase price $1,148,000 cash plus up to $250,000 earnout contingent on $1,145,915 revenue in 2025 fiscal year.
- Pacific Sun 2024 revenue $952,304 (down 21% YoY), net income $34,715; 2023 revenue $1,199,114, net income $7,512.
- Target serves 300+ commercial clients; PMGC to continue operations from San Clemente lease with 5-year term.
- Q1 2025 net loss $5,999 on revenue $108,850; total assets $404,167, liabilities $2,023 at March 31, 2025.
- Acquisition marks launch of PMGC's strategic acquisition program targeting U.S. businesses.
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