secwatch.observer — SEC 8-K summary
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Issuer:     CSW INDUSTRIALS, INC. (CSW)
CIK:        0001624794
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001193125-25-264609
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSW completes acquisition of MARS Parts for ~$650M cash, funded with new $600M term loan
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- Base purchase price $650M cash plus up to $20M earn-out based on gross sales targets.
- Price equals 10.4x pro-forma TTM EBITDA adjusted for synergies; MARS Parts adj. TTM EBITDA $52.3M.
- Financed with new $600M 5-year Term Loan A and extended $700M revolving credit facility.
- $300M 3-year SOFR interest rate hedge implemented to mitigate floating-rate exposure.
- Adds ~200 employees; expands HVAC/R product mix toward repair/replacement versus installations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624794/000119312525264609/0001193125-25-264609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624794/000119312525264609/d47476d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-264609

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer