M&A
confidence high
sentiment neutral
materiality 0.70
PMGC Holdings Inc. (ELAB): M&A transaction — PMGC Holdings acquires SVM Machining for $2.45M cash plus earnouts up to $1.25M
PMGC Holdings Inc.
- Base purchase price $2.25M cash ($2M close, $250k holdback) plus $130k cash balance and $69k working capital adjustment.
- SVM 2024 revenue $3.04M, net loss $194k; 2023 revenue $2.70M, net loss $679k.
- Earnout: Tier 1 up to $750k if revenue $2.5M-$3.25M in 2026; Tier 2 up to $500k if $3.5M-$4.5M in 2027.
- SVM is ISO 9001 certified CNC precision machiner serving medical, aerospace, biotech, semiconductor, and transportation.
- This is PMGC's third California CNC acquisition, part of its multi-site machining platform strategy.