ITT Files Pro Forma Financials for $4.775 Billion SPX FLOW Acquisition

summarizeSummary

ITT Inc. filed an amendment providing the audited financials of acquired SPX FLOW and pro forma combined financials, detailing the financial impact of the $4.775 billion acquisition.

check_boxKey Events

• Acquisition Financials Filed

  ITT Inc. filed audited financial statements for SPX FLOW, Inc. and unaudited pro forma combined financial statements for the combined entity, fulfilling a post-closing requirement for the acquisition completed on March 2, 2026.

• $4.775 Billion Acquisition Detailed

  The filing provides the financial impact of the previously announced acquisition of SPX FLOW for an aggregate consideration of $4.775 billion, consisting of $4.075 billion in cash and 3,839,824 shares of ITT common stock.

• Significant Balance Sheet Changes

  The pro forma combined balance sheet shows total assets increasing to $11.03 billion and total liabilities increasing, reflecting the incurrence of a $2.875 billion Term Loan Facility and the assumption/redemption of SPX FLOW's existing debt.

• Revenue Growth Projected

  Pro forma combined revenue for the year ended December 31, 2025, is $5.278 billion, a substantial increase from ITT's standalone reported revenue of $3.938 billion.

auto_awesomeAnalysis

This 8-K/A provides the required audited financial statements for SPX FLOW, Inc. and unaudited pro forma combined financial statements for ITT Inc. following the completion of its $4.775 billion acquisition of SPX FLOW on March 2, 2026. This filing is critical for investors to understand the financial impact and combined operational profile of the newly formed entity, including significant increases in revenue, assets, and debt, as well as the allocation of purchase price to goodwill and other intangibles. It finalizes the financial reporting for a major strategic transaction previously announced.