---
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"
generated_at: "2026-05-25T08:10:16.598903+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EVI Industries acquires Girbau North America for ~$43M in cash; largest deal in buy-and-build history

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000300
- JSON: https://secwatch.observer/filing/0001174947-25-000300.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000300.txt

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