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0 0 0.00211650677479971 -0.00164177628325583 -0.00777371179903077 -0.0066857877559094 0.000203342893877959 -0.00181980021758473
Stock impact report

CSW Industrials Announces Definitive Agreement to Acquire Motors & Armatures Parts for $650 Million, Accelerating Disciplined Capital Allocation and Capitalizing on Complementary Portfolio...

CSW Industrials, Inc. (CSW) 
Company Research Source: Yahoo! Finance
Expands CSW's existing product portfolio in the profitable heating, ventilation, air conditioning, and refrigeration (HVAC/R) end market with the addition of motors, capacitors, other HVAC/R electrical components and equipment installation offerings as well as other components used by the pro trades for HVAC/R repairs and replacements Aligns with previously established acquisition criteria to leverage existing distribution channels, invest in the profitable HVAC/R end market, expand products offerings, and grow share of wallet with our existing customers Valuation represents approximately 10.5x identified synergies-adjusted Trailing Twelve Month (TTM) EBITDA or approximately 12.5x TTM adjusted EBITDA at close Expected to be immediately accretive to CSW's EPS and EBITDA, with an expected run rate EBITDA margin from the acquired business of at least 30% within 12 months of closing, well above the consolidated CSW EBITDA margin Transaction structure allows CSW to maintain ample Show less Read more
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