---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-015442"
form_type: "8-K"
ticker: "WTS"
cik: "0000795403"
company_name: "WATTS WATER TECHNOLOGIES INC"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:17:18.573922+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Watts Water to acquire Bradley Corp for $303M cash; expects Q4 close, modest EPS accretion

## Summary
- Purchase price $303M cash; net ~$268M after ~$35M tax benefits; funded via cash on hand and credit facility.
- Bradley has ~$200M annual sales, adds front-of-wall commercial washroom and emergency safety products.
- Expected close Q4 2023, subject to HSR antitrust clearance and customary closing conditions.
- Bradley Chairman & CEO Bryan Mullett to join Watts as President of the Bradley platform.
- Transaction modestly accretive to Adjusted EPS in 2024; accretive EBITDA margins targeted by 2027.

## SEC filing metadata
- accession: 0001558370-23-015442
- form_type: 8-K
- ticker: WTS
- cik: 0000795403
- company_name: WATTS WATER TECHNOLOGIES INC
- filed_at: 2023-09-05T23:59:59+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/795403/000155837023015442/0001558370-23-015442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795403/000155837023015442/wts-20230830x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-015442
- JSON: https://secwatch.observer/filing/0001558370-23-015442.json
- Plain text: https://secwatch.observer/filing/0001558370-23-015442.txt

## Key facts
- Material Agreements
  WATTS WATER TECHNOLOGIES INC entered into Unit Purchase Agreement with G6 Adventures Corporation, Bradley Corporation and shareholders valued at $303 million (effective 2023-08-30).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: G6 Adventures Corporation, Bradley Corporation and shareholders
  - Value: $303 million
  - Effective: 2023-08-30
  source text: On August 30, 2023, Watts Regulator Co. (“Watts Regulator”), a wholly-owned subsidiary of Watts Water Technologies, Inc. (the “Company”), entered into a Unit Purchase Agreement (the “Purchase Agreement”) with G6 Adventures Corporation (“Parent”), Bradley Corporation, a wholly-owned subsidiary of Parent (“Bradley”) and Parent’s shareholders (collectively, the “Shareholders,” and together with Parent, the “Sellers”), pursuant to which Watts Regulator agreed to acquire Bradley subject to the terms and conditions set forth therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837023015442/0001558370-23-015442-index.htm

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