{"schema_version":"secwatch.filing_event.v1","accession":"0001424929-23-000156","form_type":"8-K","ticker":"FOXF","cik":"0001424929","company_name":"FOX FACTORY HOLDING CORP","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.030243+00:00","generated_at":"2026-06-08T02:13:08.176435+00:00","sec_items":["1.01","2.03","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Fox Factory closes $572M acquisition of Marucci Sports; expects immediate accretion","bullets":["Acquired Wheelhouse Holdings (Marucci Sports) for $572M EV; funded via $400M term loan + $200M delayed draw.","Transaction expected to be accretive on revenue, EBITDA margin, and EPS; Marucci in Specialty Sports Group.","Marucci's 22%/33% revenue/EBITDA CAGRs since 2019; FOXF reaffirms 2025 target of $2B sales & 25% EBITDA margin (ex-Marucci).","Up to $300M share repurchase plan announced (exp. Nov 2028); Marucci mgmt to continue daily operations.","Counter-cyclical diversification; builds on FOX's M&A track record outside core suspension business."],"urls":{"canonical":"https://secwatch.observer/filing/0001424929-23-000156","json":"https://secwatch.observer/filing/0001424929-23-000156.json","markdown":"https://secwatch.observer/filing/0001424929-23-000156.md","text":"https://secwatch.observer/filing/0001424929-23-000156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424929/000142492923000156/0001424929-23-000156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424929/000142492923000156/foxf-20231114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:13:08.176435+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5239213cb150294b58471cbe88933f68520baab8","claim":"FOX FACTORY HOLDING CORP incurred term loan of $400 million with Bank of America, N.A., Wells Fargo Bank, National Association and PNC Bank, National Association at applicable margin ranging from 0.5% to 1.50% for base rate loans and 1.50% to 2. maturing April 5, 2027.","evidence_excerpt":"the Incremental Lenders provided the Company with a term loan in an amount of $400 million (the \"Incremental Term A Loan\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1424929/000142492923000156/0001424929-23-000156-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$400 million"},{"label":"Counterparty","value":"Bank of America, N.A., Wells Fargo Bank, National Association and PNC Bank, National Association"},{"label":"Rate","value":"applicable margin ranging from 0.5% to 1.50% for base rate loans and 1.50% to 2."},{"label":"Maturity","value":"April 5, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"692794d6747dff8fc5b44f8d5afde718d63904b2","claim":"FOX FACTORY HOLDING CORP incurred term loan of $200 million with Bank of America, N.A., Wells Fargo Bank, National Association and PNC Bank, National Association at applicable margin ranging from 0.5% to 1.50% for base rate loans and 1.50% to 2. maturing April 5, 2027.","evidence_excerpt":"a delayed draw term loan in an amount of $200 million (the \"Delayed Draw Term Loan\"","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1424929/000142492923000156/0001424929-23-000156-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"Bank of America, N.A., Wells Fargo Bank, National Association and PNC Bank, National Association"},{"label":"Rate","value":"applicable margin ranging from 0.5% to 1.50% for base rate loans and 1.50% to 2."},{"label":"Maturity","value":"April 5, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7951db9eb90aebaad110b16d789fb77d517e933d","claim":"FOX FACTORY HOLDING CORP completed an acquisition involving Wheelhouse Holdings Inc. for enterprise value of $572 million (closed 2023-11-14).","evidence_excerpt":"On November 14, 2023, the parties completed the Marucci Merger pursuant to the Merger Agreement. The purchase price of Wheelhouse, which was based on an enterprise value of $572 million, subject to certain adjustments based on matters such as transaction tax benefits, transaction expenses of Wheelhouse, the net working capital and cash and debt balances of","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1424929/000142492923000156/0001424929-23-000156-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Wheelhouse Holdings Inc."},{"label":"Consideration","value":"enterprise value of $572 million"},{"label":"Closing","value":"2023-11-14"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}