As discussed in Note in connection with the Company's public offering of shares of its common stock, certain of the Company’s directors, officers and significant stockholders, and certain other related investors purchased an aggregate of shares from the underwriters at the public offering price of representing approximately of the total shares issued (without giving effect to the underwriters’ option to purchase additional shares).

 

 

The Predecessor had a Management Services Agreement, as amended from time to time, with PGP Advisors, LLC (PGP), the Predecessor’s largest shareholder, to provide advisory, consulting and other professional services. Under terms of the agreement, before it was terminated as a result of the Business Combination, the annual fee for these services was million from of through of and million annually thereafter. For the period from through and for the fiscal year ended the Predecessor incurred and million, respectively, related to this agreement and other agreed upon expenses. These expenses were included in general and administrative expenses on the accompanying consolidated statement of income. In conjunction with the Business Combination, this agreement was terminated.

 

In connection with the acquisitions of O’Brien and Camfaud, the Predecessor paid million in transaction costs to PGP that is included in transaction costs on the consolidated statements of income for the fiscal year ended