May 14, 2018 / 12:44 PM / in 5 months

BRIEF-GSE Systems Acquires True North Consulting LLC

May 14 (Reuters) - GSE Systems Inc:

* GSE SYSTEMS, INC. ACQUIRES TRUE NORTH CONSULTING, LLC

* GSE SYSTEMS INC - DEAL FOR $9.75 MILLION

* GSE SYSTEMS INC - TRANSACTION ANTICIPATED TO BE IMMEDIATELY ACCRETIVE TO GSE’S ADJUSTED EARNINGS

* GSE SYSTEMS INC - GSE SECURES $25 MILLION DELAYED DRAW TERM LOAN TO FUND ACQUISITIONS

* GSE SYSTEMS INC - FOR REPORTING PURPOSES, TRUE NORTH WILL BE INCLUDED IN GSE’S PERFORMANCE IMPROVEMENT SOLUTIONS SEGMENT Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below