secwatch.observer — SEC 8-K summary
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Issuer:     CARLISLE COMPANIES INC (CSL)
CIK:        0000790051
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0000790051-24-000194
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carlisle acquires Plasti-Fab EPS insulation business for $259.5M cash
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- Acquisition of Plasti-Fab (EPS insulation) for $259.5M cash, 6.7x adjusted EBITDA including synergies.
- Plasti-Fab generated $109M revenue in trailing twelve months to Aug 31, 2024.
- Expected annual cost synergies of $14M within 3 years; adds ~$0.30 adjusted EPS in 2025.
- Expands Carlisle's presence in North American EPS insulation market (est. $1.5B).
- Transaction expected to close in Q4 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790051/000079005124000194/0000790051-24-000194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790051/000079005124000194/csl-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000790051-24-000194

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer