One Stop Systems (OSS) announced that it has signed and closed a definitive agreement to sell all assets and operations of Bressner Technology to Hiper Euro. The transaction closed on December 30. Under the terms of the transaction, OSS sold Bressner for $22.4M, subject to adjustment for final closing working capital balances. OSS acquired Bressner on October 31, 2018, for approximately $5.6M. Since that time, Bressner has increased annual sales from approximately $18.3M in 2019 to approximately $33M on a trailing 12-month basis at September 30. OSS expects the transaction to generate a pre-tax gain of approximately $7.4M to 2025 fourth quarter results before accounting for transaction expenses, delivering significant returns for OSS’ shareholders. Bressner will be treated as a discontinued operation when it reports results for the fourth quarter and full year 2025.
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