Every material Form 8-K Enerpac Tool filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Enerpac Tool Group held an Investor Day at the New York Stock Exchange on November 4, 2026, and furnished its presentation materials under Regulation FD. The materials set fiscal 2030 targets of 4%-6% organic growth and a 10%-13% adjusted diluted EPS compound annual growth rate from FY26, and report that the SFE Group acquisition closed on October 28, 2026.
FY26 net sales of $652M (legacy business, excluding SFE Group), up a 3.4% CAGR since FY22; adjusted EBITDA of $154M and adjusted diluted EPS of $1.87
Enerpac Tool Group reported fourth-quarter and full-year fiscal 2026 results and introduced fiscal 2027 guidance. Net sales rose on both a quarterly and annual basis, but GAAP net earnings declined, while adjusted diluted EPS increased for the full year. The guidance includes about 10 months of the SFE Group acquisition, which the company completed on October 28, 2026.
Q4 net sales were $185.7 million, up from $167.5 million (11%), with organic growth of 10%.
Q4 net earnings were $24.4 million ($0.47 diluted EPS) versus $28.1 million ($0.52) a year earlier; adjusted diluted EPS was $0.53 versus $0.52.
Full-year net sales were $652.3 million, up 6%, while full-year net earnings were $89.7 million versus $92.7 million; adjusted diluted EPS was $1.87 versus $1.81.
Fiscal 2027 guidance: net sales of $825 million to $845 million, adjusted EBITDA of $195 million to $205 million, and adjusted diluted EPS of $2.00 to $2.15.
Enerpac Tool Group completed its acquisition of Specialized Fabrication Equipment Group (SFE Group) on October 28, 2026, for about $452 million in cash plus about $20 million in restricted stock units. The company said the deal was funded with cash on hand, an expanded $300 million term loan and borrowings under a new $550 million revolving credit facility, and estimated post-closing net debt-to-adjusted EBITDA at about 2.3 times. Shareholders will see the deal's larger debt load and integration costs, with the company expecting the acquisition to be accretive to fiscal 2027 adjusted EPS.
Cash consideration of about $452 million, subject to customary adjustments, plus about $20 million in equity awards granted in lieu of transaction bonuses
SFE Group had about $170 million of sales and about $44 million of adjusted EBITDA for the twelve months ended March 31, 2026
Purchase price represents 10.6 times SFE Group's trailing adjusted EBITDA; estimated integration costs of $10 million to $14 million
Fourth quarter fiscal 2026 earnings release and investor call are scheduled for October 28 and October 29, 2026
Enerpac Tool Group signed a First Amendment on October 27, 2026 to its July 7, 2026 merger agreement to acquire Specialized Fabrication Equipment Group LLC. The amendment moves restricted stock unit awards for SFE Group key personnel, issued in place of cash transaction bonuses, to a newly adopted Inducement Award Plan, and adds related closing conditions and clarifications on the merger consideration adjustment. The filing gives no deal value or financial impact figures, so the change is administrative in nature for shareholders.
Amendment dated October 27, 2026 to the Agreement and Plan of Merger dated July 7, 2026
Key SFE Group personnel RSU awards, in place of cash transaction bonuses, move from the 2017 Omnibus Incentive Plan to the new Inducement Award Plan
Adds a covenant and closing conditions requiring key personnel to sign award agreements under the Inducement Plan
Enerpac Tool Group amended the offer letter of President and CEO Paul Sternlieb, setting out how his equity and cash incentives would be treated if he retires after a specified date, with a retirement date no earlier than July 31, 2030. The amendment also raises his change-in-control and severance benefits, which the company says is meant to keep him in the role and support a leadership transition.
Amendment dated October 26, 2026 sets a retirement notice period of 180 days, with windows starting in February 2030.
Severance multiples rise to 2 times base salary and annual incentive from 1.5 times; welfare premium coverage rises to 24 months from 18 months.
Legal fee reimbursement limits rise to $50,000 from $10,000 for enforcing severance terms, plus up to $50,000 for negotiating the amendment.
The amendment does not change Mr. Sternlieb's base salary, target bonus, or annual long-term equity award opportunity.
On October 16, 2026, Enerpac Tool Group entered into an Amended and Restated Credit Agreement with PNC Bank as administrative agent, replacing its September 2022 facility that was due to mature in September 2027. The new agreement provides a $550 million revolving credit facility and a $300 million term loan, both maturing October 16, 2031, and initial borrowings were used to repay the existing debt and pay fees.
Revolving credit facility of $550 million, including a $200 million sublimit for Euro, Pound Sterling or other agreed foreign currency borrowings
$300 million term loan with quarterly principal payments of $0.9375 million starting March 1, 2028, rising over time, and the remaining balance due at maturity on October 16, 2031
Initial interest at term SOFR plus 1.125%, with margins adjusted by net leverage ratio; the company may request up to $425 million in additional facility capacity, subject to lender commitments
Enerpac Tool Group approved a long-term incentive program on October 13, 2026, granting performance-vesting stock awards to four named executive officers linked to its previously announced acquisition of Specialized Fabrication Equipment Group LLC (SFE Group). The awards vest based on fiscal 2028 net sales and adjusted EBITDA, and are forfeited if the acquisition does not close by November 30, 2026.
Named executive awards at target level total $510,000: Darren M. Kozik $200,000, Benjamin J. Topercer $125,000, Noah N. Popp $110,000, Eric T. Chack $75,000.
Half of each award depends on net sales goals and half on adjusted EBITDA goals for fiscal 2028; payout ranges from 0% at threshold to 200% at maximum.
All awards under the program are forfeited for no consideration if the SFE Group acquisition does not close on or before November 30, 2026.
Enerpac Tool Group expanded its board from eight to nine directors and elected Charles T. Lauber as a director effective October 8, 2026. Lauber retired earlier in 2026 after serving as executive vice president and chief financial officer of A. O. Smith from 2019 to 2026, and the board appointed him to its Audit Committee and Talent Development and Compensation Committee.
Board expanded from eight to nine directors; Lauber elected effective October 8, 2026
Lauber was executive vice president and CFO of A. O. Smith from 2019 to 2026, after a 27-year career there
Board determined Lauber is independent under NYSE and SEC rules and appointed him to the Audit Committee and Talent Development and Compensation Committee
Lauber will receive standard non-employee director compensation and will enter into an indemnification agreement with the company
Enerpac Tool Group appointed Kevin J. Hagen as Principal Accounting Officer and Vice President and Global Controller on July 23, 2026. The company also told Patrick J. Dawson he will no longer serve as Principal Accounting Officer and Corporate Controller on the same day. The filing is an administrative change to the company's senior accounting leadership and includes no financial results.
Kevin J. Hagen, age 46, appointed Principal Accounting Officer and Vice President and Global Controller on July 23, 2026
Hagen joined Enerpac in June 2026 as Vice President of Finance and previously held accounting roles at The Sherwin-Williams Company
Patrick J. Dawson notified on July 23, 2026 that he will no longer serve as Principal Accounting Officer and Corporate Controller
Enerpac Tool Group agreed on July 7, 2026 to buy SFE Group, a Houston-based maker of fabrication, welding and material-handling equipment, for about $451.4 million in cash plus about $20.6 million in restricted stock units. The company expects to fund the deal with cash on hand and borrowings under an amended credit facility, and it said the acquisition is expected to be accretive to fiscal 2027 adjusted EPS. Closing is subject to regulatory approvals and conditions, and the deal may not close if those conditions are not met.
Cash consideration of about $451.4 million plus about $20.6 million in RSUs issued to SFE Group key personnel, subject to closing adjustments
SFE Group trailing twelve-month sales of about $170 million and adjusted EBITDA of about $44 million, per the press release
Closing date no earlier than September 1, 2026; either party may terminate if closing has not occurred by November 1, 2026
Revolving credit facility increased from $400 million to $625 million; net debt-to-adjusted EBITDA expected at about 2.8 times upon closing
Enerpac Tool Group reported fiscal third-quarter 2026 net sales of $167.6 million, up 6% from a year earlier, and net earnings of $29.8 million, or $0.58 per diluted share, up from $0.41. The company narrowed and lowered its fiscal 2026 guidance, including adjusted EBITDA, which now stands at $151 million to $156 million, down from $158 million to $163 million, and the release also announced a definitive agreement to acquire SFE Group.
Net sales were $167.6 million, up 6% from $158.7 million; organic sales rose 3%.
Net earnings were $29.8 million, or $0.58 per diluted share, versus $22.0 million, or $0.41, a year earlier; the figure includes a $0.08 benefit from expected IEEPA tariff refunds.
Adjusted EBITDA guidance was cut to $151 million to $156 million from $158 million to $163 million; adjusted diluted EPS guidance was lowered to $1.84 to $1.89 from $1.85 to $1.92.
Enerpac signed a definitive agreement to acquire SFE Group, as announced in a separate release issued earlier on July 7, 2026.
Enerpac Tool Group reported fiscal second-quarter 2026 results for the period ended February 28, 2026. Net sales rose 6% to $154.8 million, but net earnings fell to $16.3 million, or $0.31 per diluted share, from $20.9 million, or $0.38, a year earlier, after $3.3 million in restructuring charges tied mainly to its EMEA service business. The company also narrowed its full-year fiscal 2026 guidance, with net sales now projected at $635 million to $650 million.
Net sales were $154.8 million, up 6% from $145.5 million; organic sales rose 2%, with service revenue down 17% organically.
Net earnings were $16.3 million, or $0.31 per diluted share, versus $20.9 million, or $0.38, in the prior-year quarter.
Full-year fiscal 2026 guidance projects net sales of $635 million to $650 million and adjusted EPS of $1.85 to $1.92.
The company repurchased about 1.3 million shares for $51 million in the quarter.
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