CMD Acquisition | Construction Deal in NY

1847 Holdings has entered into a letter of intent to sell CMD, a construction other business in New York, for $65 million in an all-cash transaction. CMD acquisition supports construction M&A by providing construction-related services and operating capabilities through its New York operations. The strategic acquisition is backed by a major global private equity firm, reflecting divestiture acquisition interest in construction deals NY and NY acquisitions. The divestiture acquisition is expected to reach definitive agreement within 60–90 days, with customary closing conditions and confirmatory due diligence, and the buyer type is strategic.