Trajan Group Holdings Limited (ASX:TRJ) signed a binding share purchase agreement to acquire Chromatography Research Supplies, Inc. for $43.3 million on June 17, 2022. The purchase price will be funded via a fully underwritten AUD 29.7 million ($20.555043 million) Placement, an acquisition debt facility from HSBC of AUD 20 million ($13.84178 million) and AUD 13.4 million ($9.273993 million) existing cash. The acquisition price of $43.3 million implies a 9.5x EV/FY22F EBITDA on pre synergies basis. The transaction is subject to completion of placement and other customary conditions to drawdown under the HSBC acquisition financing facility. Canaccord Genuity (Australia) Limited and Ord Minnett Limited are acting as financial advisors and DLA Piper is acting as legal advisor to Trajan.

Trajan Group Holdings Limited (ASX:TRJ) completed the acquisition of Chromatography Research Supplies, Inc. on June 27, 2022.