Arcosa Completes Acquisition, Secures New Credit Facility

TL;DR

Arcosa just bought a new business for $125M and got a new credit line. Big moves!

AI Summary

On October 1, 2024, Arcosa, Inc. announced the completion of its acquisition of a business for $125 million. This acquisition is expected to enhance Arcosa's capabilities and market position. The company also entered into a new credit facility, demonstrating its financial strategy to support growth.

Why It Matters

This acquisition signifies Arcosa's strategic expansion, potentially leading to increased revenue and market share. The new credit facility provides financial flexibility for future growth initiatives.

Risk Assessment

Risk Level: medium — Acquisitions carry inherent integration risks and the financial commitment could impact future performance if not managed effectively.

Key Numbers

• $125 million — Acquisition Cost (Amount paid for the newly acquired business.)
• October 1, 2024 — Effective Date (Date the acquisition was completed and the report was filed.)

Key Players & Entities

• Arcosa, Inc. (company) — Registrant
• $125 million (dollar_amount) — Acquisition price
• October 1, 2024 (date) — Date of report and earliest event
• Delaware (jurisdiction) — State of incorporation
• Dallas, Texas (location) — Principal executive offices

FAQ

From the Filing

0001739445-24-000141.txt : 20241001 0001739445-24-000141.hdr.sgml : 20241001 20241001161744 ACCESSION NUMBER: 0001739445-24-000141 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241001 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241001 DATE AS OF CHANGE: 20241001 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Arcosa, Inc. CENTRAL INDEX KEY: 0001739445 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 825339416 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38494 FILM NUMBER: 241343517 BUSINESS ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 972-942-6500 MAIL ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 8-K 1 aca-20241001.htm 8-K aca-20241001 0001739445 false 0001739445 2024-10-01 2024-10-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported):   October 1, 2024 Arcosa, Inc. __________________________________________ (Exact name of registrant as specified in its charter) Delaware 1-38494 82-5339416 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)        500 N. Akard Street, Suite 400 Dallas, Texas 75201 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 972 ) 942-6500 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ($0.01 par value) ACA New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 2.01    Completion of Acquisition or Disposition of Assets. On October 1, 2024, Arcosa, Inc., a Delaware corporation (“Arcosa”), completed the previously announced acquisition by East SM, LLC (formerly known as Arcosa MS9, LLC), a Delaware limited liability company and wholly owned subsidiary of Arcosa (“Purchaser”), of all of the issued and outstanding membership interests and certain identified assets, as applicable (together, the “Target”), of the entities set forth in the Purchase Agreement (as defined below) held by Sta