---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-213064"
form_type: "8-K"
ticker: "FTV"
cik: "0001659166"
company_name: "Fortive Corp"
filed_at: "2021-07-12T23:59:59+00:00"
generated_at: "2026-06-30T06:06:09.571043+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fortive to acquire ServiceChannel for ~$1.2B; Q2 prelim revenue growth ~25% YoY

## Summary
- Acquires ServiceChannel for $1.2B in cash; expected to close Q3 2021.
- ServiceChannel projected to generate ~$125M revenue in 2021, ~$117M recurring.
- Preliminary Q2 2021: total revenue growth ~25% YoY, core growth ~20%.
- Adjusted operating profit margin expected above prior guidance in Q2.
- Acquisition to enhance revenue growth by ~50 bps; 10% ROIC target in 5 years.

## SEC filing metadata
- accession: 0001193125-21-213064
- form_type: 8-K
- ticker: FTV
- cik: 0001659166
- company_name: Fortive Corp
- filed_at: 2021-07-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1659166/000119312521213064/0001193125-21-213064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1659166/000119312521213064/d197992d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-213064
- JSON: https://secwatch.observer/filing/0001193125-21-213064.json
- Plain text: https://secwatch.observer/filing/0001193125-21-213064.txt

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