EVI Industries closes acquisition of Girbau North America; expands credit facility to $200M

EVI INDUSTRIES, INC.

EVI closes acquisition of Girbau North America on April 2, 2025 under buy-and-build strategy.
GNA generated $75M revenue in 2024, ~9.5% operating income, and 11% five-year revenue CAGR.
Pro forma, GNA contributes ~$50M revenue and ~$7M operating income, boosting EVI's revenue 14% and operating income 54%.
EVI amended credit agreement: maturity to March 2030, revolver to $150M, accordion to $50M for total $200M.

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