{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-25-000300","form_type":"8-K","ticker":"EVI","cik":"0000065312","company_name":"EVI INDUSTRIES, INC.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.078879+00:00","generated_at":"2026-05-25T08:10:16.598903+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"EVI Industries acquires Girbau North America for ~$43M in cash; largest deal in buy-and-build history","bullets":["Purchase price ~$43M cash, funded via revolver; subject to working capital adjustments; $4.355M escrowed for ≥15 months.","GNA generated $75M revenue and ~9.5% operating income for 12 months ended Dec 31, 2024; 5-yr revenue CAGR 11%.","Acquisition expected to be immediately accretive to EVI earnings; pro forma net revenue $50M, operating income $7.0M.","EVI amends credit facility: revolver +$50M to $150M, accordion +$10M to $50M, new 5-year term at closing.","GNA to continue under President Mike Floyd; supports EVI’s decentralized operating model and long-term OEM relationship with Girbau."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-25-000300","json":"https://secwatch.observer/filing/0001174947-25-000300.json","markdown":"https://secwatch.observer/filing/0001174947-25-000300.md","text":"https://secwatch.observer/filing/0001174947-25-000300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65312/000117494725000300/0001174947-25-000300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65312/000117494725000300/form8k-33751_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T08:10:16.598903+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"}