Allegion to acquire Stanley Access Technologies for $900M; Q1 rev $723M, EPS $1.05

Allegion plc

Allegion to buy Stanley Black & Decker's Access Technologies for $900M in cash, net ~$810M after ~$90M tax benefits.
Acquisition implies ~14.5x 2022E EBITDA (~12.5x including run-rate synergies and tax benefits).
Access Technologies generated ~$340M in net sales in 2021; expected close in Q3 2022 subject to regulatory approval.
Q1 2022 standalone revenue ~$723M; reported EPS $1.05, adjusted EPS $1.07.
Full-year 2022 outlook affirmed: reported EPS $5.50-$5.70, adjusted EPS $5.55-$5.75.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.