Aspire Biopharma Completes $30 Million Acquisition of Dura Driver Control Systems

M&A · Partnership
โดย Benzinga·US·Read original
Summary · why it matters

Aspire Biopharma Holdings Inc. completed its $30 million acquisition of Dura Driver Control Systems, expanding the biopharmaceutical company into the automotive and mobility-control market. The deal gives Aspire 100% ownership of DCS, a tier-one automotive supplier of electronic driver controls, which is now a wholly owned subsidiary. Aspire paid about $30 million in cash and also entered into a $22.5 million senior secured revolving credit facility to help finance the transaction. DCS generated $209.5 million in audited revenue and $22.3 million in adjusted EBITDA in 2025, and for the first six months of 2026 it posted unaudited revenue of about $103.9 million and adjusted EBITDA of $10.5 million. CEO Kraig Higginson said the acquisition is a cash-flow-positive milestone that structurally enhances Aspire's valuation and adds high-volume revenue streams.

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Health Care · 1 stocks
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Completed $30M acquisition of Dura Driver Control Systems, adding high-volume revenue and enhancing valuation.