{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-011231","form_type":"8-K","ticker":null,"cik":"0001417398","company_name":"Hillenbrand, Inc.","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.849262+00:00","generated_at":"2026-06-19T23:59:06.954090+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hillenbrand completes sale of Batesville for $761.5M; expects ~$530M net proceeds for debt reduction","bullets":["Closed Feb 1, 2023; total consideration $761.5M ($750M cash + $11.5M subordinated note).","After-tax net proceeds expected ~$530M; funds to be used for existing debt reduction.","Pro forma continuing ops: FY2022 revenue $2.32B, net income $131.1M, diluted EPS $1.82.","Debt paydown of $106.6M planned from proceeds; retained earnings reduced by $145.2M tax obligation.","Batesville contributed $625.6M revenue and $84.0M net income in FY2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-011231","json":"https://secwatch.observer/filing/0001104659-23-011231.json","markdown":"https://secwatch.observer/filing/0001104659-23-011231.md","text":"https://secwatch.observer/filing/0001104659-23-011231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1417398/000110465923011231/0001104659-23-011231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1417398/000110465923011231/tm235464d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:59:06.954090+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":[{"claim_id":"313b692a0b923bc55d79cb183e0373a621afadb5","claim":"Hillenbrand, Inc. completed a disposition involving BL Memorial Partners, LLC for $761,500,000 (closed 2023-02-01).","evidence_excerpt":"(the “Business”) by acquiring all of the outstanding equity interests in the entities that own and operate the Business (the “Transaction”) for an aggregate purchase price of $761,500,000, consisting of $750,000,000 in cash (subject to specified adjustments as set forth in the Agreement) and $11,500,000 in the form of a subordinated note. The Transaction was","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417398/000110465923011231/0001104659-23-011231-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"BL Memorial Partners, LLC"},{"label":"Consideration","value":"$761,500,000"},{"label":"Closing","value":"2023-02-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}