---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-228629"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-10T23:44:51.595718+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Watsco completes $103M acquisition of Gateway Supply plumbing/HVAC business

## Summary
- Purchase price of $103M paid with $4M cash and 280,215 shares of common stock.
- Acquisition closed September 1, 2023; per previously reported July 28, 2023 purchase agreement.
- Of the shares issued, 21,228 are subject to 1- and 2-year lock-up restrictions.
- Shares issued in unregistered offering under Section 4(a)(2) and Rule 506; resale registration rights granted.
- Acquires substantially all assets and certain liabilities of Gateway Supply Company's plumbing/HVAC distribution business.

## SEC filing metadata
- accession: 0001193125-23-228629
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312523228629/0001193125-23-228629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312523228629/d543445d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-228629
- JSON: https://secwatch.observer/filing/0001193125-23-228629.json
- Plain text: https://secwatch.observer/filing/0001193125-23-228629.txt

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