---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-056730"
form_type: "8-K"
ticker: "CSW"
cik: "0001624794"
company_name: "CSW INDUSTRIALS, INC."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T13:54:02.922967+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CSWI to acquire Aspen Manufacturing for $313.5M cash; ~11x 2024 EBITDA

## Summary
- Purchase price $313.5M cash; 11x Aspen's 2024E adj. EBITDA of $28.5M; revenue $122.4M.
- Aspen manufactures evaporator coils and air handlers for HVAC/R; all US-designed and made.
- Expected close in Q1 FY2026 (Apr-Jun 2025); funded with cash and debt under $500M facility.
- Immediately accretive to CSWI's EPS and EBITDA.
- Expands HVAC/R product portfolio and leverages existing distribution channels.

## SEC filing metadata
- accession: 0001193125-25-056730
- form_type: 8-K
- ticker: CSW
- cik: 0001624794
- company_name: CSW INDUSTRIALS, INC.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624794/000119312525056730/0001193125-25-056730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624794/000119312525056730/d938973d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-056730
- JSON: https://secwatch.observer/filing/0001193125-25-056730.json
- Plain text: https://secwatch.observer/filing/0001193125-25-056730.txt

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