1847 holdings signs definitive agreement to purchase commercial cabinet, door & millwork manufacturer with unaudited trailing twelve-month (ttm) net income of $10.4 million

Purchase price for this transaction is approximately $18.75 million new york, ny / accesswire / november 6, 2024 / 1847 holdings llc ("1847" or the "company") (nyse american:efsh), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced it has executed a definitive agreement to acquire the previously announced millwork, cabinetry, and door manufacturer based in las vegas, nevada (the "target"). the target reported unaudited revenue of $29.4 million and approximately $5.7 million in net income for the year ended december 31, 2023.
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