{"schema_version":"secwatch.filing_event.v1","accession":"0000746598-26-000034","form_type":"8-K","ticker":"BRC","cik":"0000746598","company_name":"BRADY CORP","filed_at":"2026-08-06T21:14:45+00:00","discovered_at":"2026-08-06T21:16:00.588005+00:00","generated_at":"2026-08-06T21:16:18.291994+00:00","sec_items":["1.01","2.03","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Brady closes $1.4B acquisition of Honeywell's PSS business; funded with debt and cash","bullets":["Acquired Honeywell's Productivity Solutions & Services for $1.4B cash; PSS had ~$1.1B sales in 2025.","Funded via $800M credit facility, $800M private placement notes (5.43%-5.90% senior notes due 2031-2036), and cash on hand.","Expects ~$0.80 incremental adjusted EPS within 12 months; $25M annual cost synergies within 3 years.","Net debt-to-EBITDA ~2.5x at close; targets below 2.0x within two years.","New reporting segments: Identification Solutions (existing) and Intelligent Productivity Solutions (PSS)."],"urls":{"canonical":"https://secwatch.observer/filing/0000746598-26-000034","json":"https://secwatch.observer/filing/0000746598-26-000034.json","markdown":"https://secwatch.observer/filing/0000746598-26-000034.md","text":"https://secwatch.observer/filing/0000746598-26-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000034/0000746598-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000034/brc-20260803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T21:16:18.291994+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}