secwatch.observer — SEC 8-K summary
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Issuer:     Arcosa, Inc. (ACA)
CIK:        0001739445
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001739445-24-000141
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcosa completes $1.2B Stavola acquisition; aggregates platform expands into NY-NJ MSA
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- Acquired Stavola for $1.2B cash; LTM revenue $283M, Adjusted EBITDA $100M (35% margin).
- Aggregates contributed 56% of Stavola's LTM EBITDA; tax benefits NPV ~$125M.
- Financing: $600M 6.875% notes due 2032 and $700M Term Loan B due 2031.
- Also sold steel components business (closed Aug 16); Q3 estimated EBITDA loss of $1M-$1.5M.
- Proforma: Construction Products segment now ~2/3 of EBITDA; leverage target 2.0-2.5x within 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000141/0001739445-24-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000141/aca-20241001.htm
  HTML page:      https://secwatch.observer/filing/0001739445-24-000141

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