Brief: Quest Resource Holding Corp Acquires Green Remedies

Quest Resource Holding

20/10/2020 14:34

Oct 20 (Reuters) - Quest Resource Holding Corp  QRHC.O :
    * QUEST RESOURCE HOLDING CORPORATION ACQUIRES GREEN
REMEDIES,
STRENGTHENING PRESENCE IN STRATEGIC MARKETS
    * QUEST RESOURCE HOLDING CORP - TOTAL CONSIDERATION OF
ACQUISITION
AT CLOSE IS $16.2 MILLION
    * QUEST RESOURCE HOLDING - ACQUISITION IS PART OF CO'S UNIT
QUEST
RESOURCE MANAGEMENT GROUP
    * QUEST RESOURCE HOLDING - ACQUISITION WILL BE FINANCED
PRIMARILY
FROM TERM LOAN ARRANGED BY MONROE CAPITAL WITH $11.5 MILLION
DRAWN AT CLOSING
    * QUEST RESOURCE HOLDING - TRANSACTION IS EXPECTED TO BE
ACCRETIVE
ON A FREE CASH FLOW PER SHARE BASIS

Source text for Eikon:  ID:nGNXbQCBKV 
Further company coverage:  QRHC.O 

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