---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-23-000017"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:10:08.594087+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Brady Corp sells PremiSys software assets for ~$8M plus $1M deferred

## Summary
- Sale of PremiSys software and hardware assets to SGI Matrix, LLC (ACRE affiliate) for ~$8M at closing.
- Additional $1M deferred purchase price payable 12 months after closing.
- PremiSys has annual sales of approximately $12 million.
- Transaction expected to close in fiscal year ending July 31, 2023.

## SEC filing metadata
- accession: 0000746598-23-000017
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746598/000074659823000017/0000746598-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659823000017/brc-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-23-000017
- JSON: https://secwatch.observer/filing/0000746598-23-000017.json
- Plain text: https://secwatch.observer/filing/0000746598-23-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.