Acuity Brands to acquire QSC for $1.215B; deal expected to close in Q2 FY2025

ACUITY INC. (DE)

Purchase price of $1.215 billion ($1.1B net of ~$100M tax benefits), ~14x QSC's trailing EBITDA.
QSC had ~$535M sales in last 12 months; platform covers cloud-manageable audio, video, and control.
Deal funded via $600M term loan and cash on hand; expected to close in Q2 fiscal 2025.
Transaction expected to be accretive to Acuity's fiscal 2025 full-year adjusted diluted EPS.
QSC serves education, commercial, hospitality, government, healthcare, transportation end-markets.

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.