ATRM Holdings, Inc. (OTCPK:ATRM) acquired EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. for $5.2 million on October 4, 2016. Under the terms of the transaction, ATRM Holdings acquired certain assets of EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. for $3 million cash to be paid at closing, $1 million cash in deferred payments to be made in quarterly installments over the next year, and 0.1 million common shares of ATRM holdings. Additionally, ATRM Holdings will pay an earn-out payment of up to $1 million cash based upon the amount by which the businesses' gross profit over the next twelve months exceeds a minimum threshold. The cash payment at closing was financed by $3 million of long-term debt financing from Gerber Finance. ATRM Holdings will sell a $2 million promissory note to Lone Star and will use the proceeds from it to finance the acquisition. As a part of the transaction, ATRM Holdings plans to operate these businesses under the company's new wholly-owned subsidiaries EdgeBuilder, Inc. and Glenbrook Building Supply, Inc. For the year ended December 31, 2015, EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. reported combined sales of $14 million. ATRM Holdings retained all employees of EdgeBuilder and Glenbrook Lumber, including all key management personnel. The transaction is expected to be accretive to income of ATRM. ATRM Holdings, Inc. (OTCPK:ATRM) completed the acquisition of EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. on October 4, 2016.