EFSH - 1847 Holdings Reveals Plan To Purchase Las Vegas Manufacturing Giant Boasting $28.6 Million In Revenue For $16.75 Million In Q3 2024 | Benzinga
1847 Holdings LLC (NYSE:EFSH) 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. The purchase price for this transaction is $16.75 million and is expected to be ...