Acuity Brands completes $1.215B acquisition of QSC, LLC, incurs $600M debt

ACUITY INC. (DE)

Acquired QSC, LLC for ~$1.215B cash on Jan 1, 2025; QSC is a leader in AV control solutions.
On Jan 2, 2025, subsidiary borrowed $600M under delayed draw term loan to fund the acquisition.
The $600M debt was incurred under a Credit Agreement dated June 30, 2022, as amended Nov 25, 2024.

item 2.03 item 8.01

ACUITY INC. (DE) filing history →

Source: SEC EDGAR

accession 0001193125-25-002182

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