Helios Technologies Inc

NASDAQ:HLIO   3:33:07 PM EDT
43.52
-0.60 (-1.36%)
Equity Investments, Other Pre-Announcement, Mergers / Acquisitions

Helios Technologies Signs Definitive Agreement To Acquire Balboa Water Group

Published: 10/12/2020 10:10 GMT
Helios Technologies Inc (HLIO) - Helios Technologies Signs Definitive Agreement to Acquire Balboa Water Group.
Helios Technologies Inc - Deal for $218.5 Million.
Helios Technologies Inc - Plans to Fund Acquisition Through a Combination of Cash and Existing and New Credit Facilities.
Helios Technologies Inc - Deal Expected to Be Accretive to Adjusted EPS Day One Onward.
Helios Technologies Inc - to Acquire Bwg Holdings I Corp.
From Investment Funds Affiliated With Aea Investors Lp.
Helios Technologies Inc - Balboa Expected to Achieve Adjusted EBITDA Margins of About 20% by Year-end 2021.