secwatch.observer — SEC 8-K summary
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Issuer:     EVI INDUSTRIES, INC. (EVI)
CIK:        0000065312
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001174947-25-000506
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65312/000117494725000506/0001174947-25-000506-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65312/000117494725000506/form8k-33966_evi04.htm
  HTML page:      https://secwatch.observer/filing/0001174947-25-000506

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