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AI brief of an SEC Form 8-K · Brady (BRC)

Brady completes $1.4 billion acquisition of Honeywell's PSS business

Neutral Impact 4 of 5 m&a Written later

Brady Corporation closed its acquisition of Honeywell Technologies' Productivity Solutions and Services (PSS) business on August 3, 2026, in an all-cash transaction valued at $1.4 billion. The company funded it with cash on hand, borrowings under a $1.0 billion credit agreement and $800 million of new senior notes, and it expects the business to add approximately $0.80 of incremental Adjusted Diluted EPS within the first year.

Key points

  • Transaction valued at $1.4 billion, all cash, closed August 3, 2026
  • Borrowed about $800 million under a $1.0 billion Credit Agreement dated June 12, 2026, and about $800 million under a Note Purchase Agreement
  • Senior notes: $250 million at 5.43% due 2031, $300 million at 5.65% due 2033, and $250 million at 5.90% due 2036
  • PSS generated sales of about $1.1 billion in 2025; Brady expects net debt-to-EBITDA of about 2.5x after transaction financing

The filing

CompanyBrady (BRC)
Form8-K, current report
Filed with the SECAug 6, 2026, 5:14 PM ET
Accession number0000746598-26-000034

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.