Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Crexendo, Inc. completed an acquisition involving Estech Holdings, Inc. for $35,000,000 (closed 2026-03-01).
- Action
- acquisition
- Counterparty
- Estech Holdings, Inc.
- Consideration
- $35,000,000
- Closing
- 2026-03-01
Exact text from the filing
is engaged in providing cloud-based and on-premises phone systems and business communication products and services. The aggregate purchase price for the Purchased Interests is $35,000,000 (the “ Purchase Price ”), subject to customary post-closing purchase price adjustments based on working capital, indebtedness, and transaction expenses. The Purchase Price
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Crexendo, Inc. entered into Membership Interest Purchase Agreement with Estech Holdings, Inc. valued at $35,000,000 (effective 2026-03-01).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Estech Holdings, Inc.
- Value
- $35,000,000
- Effective
- 2026-03-01
Exact text from the filing
On March 1, 2026, Crexendo, Inc. (the “ Company ”) entered into a Membership Interest Purchase Agreement (the “ Purchase Agreement ”) with Estech Holdings, Inc., a Texas corporation (“ Seller ”), and the individuals listed therein, pursuant to which the Company agreed to purchase from Seller one hundred percent (100%) of the issued and outstanding membership interests (the “ Purchased Interests ”) of Estech Systems, LLC, a Delaware limited liability company, and its operating subsidiary, ESI Hosted Services, LLC (collectively, the “ Target ”), subject to the terms and conditions set forth in the Purchase Agreement (the “ Acquisition ”).
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