2024-02-01 · PORTFOLIO

Usual Agrees to Acquire Penhurst Coordination

Usual has agreed terms for the proposed acquisition of Penhurst Coordination Group.

Portfolio update

The transaction would add operating support capabilities and complementary customer relationships. Integration planning will focus on service continuity and the treatment of overlapping coordination functions. The parties have agreed that the number of coordination meetings is not an independent measure of transaction value.

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Issued by Usual Industries Corporate Communications. For inquiries, contact the office and cite memorandum UM-2024-002.

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