M&A
confidence high
sentiment positive
materiality 0.75
PMGC Holdings Inc. (ELAB): M&A transaction — PMGC Holdings acquires A&B Aerospace for $4.5M cash; target posts $3.6M revenue, $344K net income in L9M
PMGC Holdings Inc.
- Acquired 100% of A&B Aerospace, a precision CNC machining contractor serving aerospace/defense.
- Purchase price: $4.5M cash; $4.275M paid at closing, $225K held back for litigation indemnification.
- Target revenue $3.607M for nine months ended Feb 2026 (vs. $3.197M prior); net income $343,903 (vs. loss of $108K).
- Target had $681,509 cash, $1.447M net working capital, and a $225K accrued settlement liability at Feb 28, 2026.
- President will continue leading Target under new employment agreement; Sellers subject to 3-year non-compete in CA.