Item 8.01. Other Events. *

On December 31, 2021, Alta Equipment Group Inc. ("Alta" or the "Company") closed its acquisition of Ambrose Equipment, LLC, which was structured as an asset sale. Ambrose Equipment, a privately held construction equipment distributor, is the Northeast's premier asphalt equipment dealer for more than 33 years, with locations in New Hampshire and Massachusetts. The acquisition was completed pursuant to the agreement announced on December 15, 2021. The purchase price for the acquisition was $19.2 million of cash paid at closing, which included $0.3 million worth of excess working capital. Included in the purchased assets of Ambrose Equipment were approximately $3.7 million worth of floorplan-eligible new equipment inventory, yielding an enterprise value at close of approximately $15.2 million. The purchase price is subject to certain post-close adjustments. Ambrose Equipment generated approximately $35.0 million in revenue and had adjusted EBITDA of approximately $3.1 million in the trailing twelve months through August 2021.

Item 9.01 Financial Statements and Exhibits.



  (d) Exhibits




Exhibit No.   Description

Ex-104        Cover Page Interactive Data File (embedded within the Inline XBRL
              document).




*  The information furnished under Item 8.01 of this Current Report on Form 8-K
   is being furnished and shall not be deemed to be "filed" for the purposes of
   Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
   Act"), or incorporated by reference in any filing under the Exchange Act or
   the Securities Act of 1933, as amended, except as shall be expressly set forth
   by specific reference in such a filing. This Current Report on Form 8-K will
   not be deemed an admission as to the materiality of any information included
   in Item 8.01.


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