ARC Document Solutions to be Acquired by TechPrint Holdings in an All-Cash Deal

ARC Document Solutions, Inc. (ARC) entered a merger agreement on August 28, 2024, with TechPrint Holdings, LLC, to be acquired for $202.26 million in cash.

Deal Structure:

As per the agreement, each outstanding share of ARC’s common stock will be converted into the right to receive $3.40 in cash from TechPrint, an affiliate of Chairman and CEO Kumarakulasingam Suriyakumar and other key executives, representing a premium of 10.03% from the stock’s last closing.

Company Profile:

ARC Document Solutions is a company that provides digital printing and document management services to various industries across North America and some global markets. Based in San Ramon, California, they offer services like managing printing equipment, specialized graphic printing, and cloud-based document storage.

Deal Details and Timeline:

The transaction is expected to close by the end of 2024, after which the Company’s common stock will no longer be listed on the New York Stock Exchange.

ARC Document’s current EV/EBITDA (TTM) ratio is 6.36, below the sector median of 13.53.

Deal Metrics:

For a detailed study of this merger and acquisition transaction, please visit the Deal Metrics page here:
Deal Metrics for the acquisition of ARC Document Solutions, Inc. (ARC) by TechPrint Holdings, LLC

The Deal Metrics page for each merger or acquisition includes:

• A spread history chart of the merger from announcement through eventual completion or failure.
• Every event as the merger progresses through the expiration of the HSR period, various regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And a whole lot more.

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Editor’s Note: Baranjot Kaur contributed to this article