1847 holdings to acquire a commercial cabinet, door & millwork manufacturer with revenues of $28.6 million and $5.2 million of ebitda in 2023

New york, ny / accesswire / april 8, 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 the execution of a non-binding letter of intent to acquire a large, established millwork, cabinetry and door manufacturer based in las vegas, nv. the las vegas-based target generated approximately $28.6 million in revenues (unaudited), approximately $4.5 million in net income (unaudited) and approximately $5.2 million in adjusted ebitda (unaudited) in 2023 and currently has almost a year's worth of contracted backlog booked for 2024.
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