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Hudson (HDSN) Boosts Portfolio With USA Refrigerants Deal
HDSNHudson Technologies(HDSN) ZACKS·2024-06-10 17:45

Hudson Technologies (HDSN) announced that it acquired all assets of USA United Suppliers of America, Inc., which operates under the trade name USA Refrigerants. This move will allow Hudson to expand its expertise and service to a broader customer base. The deal totaled 20.7million,subjecttocustomarypostclosingadjustmentsandaround20.7 million, subject to customary post-closing adjustments and around 2 million in future earnout payments. The estimated value of this transaction is in line with HDSN's purchase price valuation target of 6X EBITDA. USA Refrigerants is a ...