This bolt-on acquisition expands Enerpac's exposure to higher-growth geographies and end markets at a reasonable multiple. Watch the Q1 FY2027 closing and integration commentary on the July 8 earnings call for near-term execution signals. Leverage increase to ~2.8x is manageable.
Price Chart
Executive Summary
Enerpac Tool Group announced the acquisition of SFE Group for ~$472M in cash, representing a 10.6x trailing-twelve-month adjusted EBITDA multiple. SFE Group generated ~$170M in sales and ~$44M in adjusted EBITDA on a TTM basis. The deal is expected to close in Q1 FY2027, funded by cash and an increased revolving credit facility, and is expected to be accretive to fiscal 2027 adjusted EPS.
Key Financial Metrics
Key Facts
- Acquisition price of ~$472 million in cash for SFE Group
- Purchase price multiple: 10.6x TTM adjusted EBITDA; 9.5x including anticipated synergies
- SFE Group TTM sales ~$170 million, TTM adjusted EBITDA ~$44 million
- Expected to be accretive to fiscal 2027 adjusted EPS
- Funding via cash on hand and increased revolving credit facility from $400M to $625M
- Net debt-to-adjusted EBITDA expected ~2.8x upon closing
- Transaction expected to close in Q1 FY2027, subject to regulatory approvals
- Expands Enerpac's total addressable market by ~$1 billion
Financial Impact
$472 million cash acquisition with 10.6x TTM EBITDA multiple; $170M revenue and $44M EBITDA added from SFE Group; accretive to FY2027 EPS
Risk Factors
- Integration risks and potential disruption to SFE Group's operations
- Higher leverage (net debt/EBITDA ~2.8x) reduces financial flexibility
- Regulatory approval delays or conditions could delay closing
- Synergy realization may take longer than anticipated
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3323743 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $35.56 | awaiting T+60 | — | $35.29 (−0.76%) |
Oct 15, 2026 11d ago | 8-K | $35.17 | awaiting T+60 | — | $35.29 (+0.34%) |
Oct 14, 2026 12d ago | Press Release | $35.07 | awaiting T+60 | — | $35.29 (+0.63%) |
Oct 13, 2026 13d ago | 3 | $34.76 | awaiting T+60 | — | $35.29 (+1.52%) |
Oct 9, 2026 17d ago | 8-K | $34.93 | awaiting T+60 | — | $35.29 (+1.03%) |
Jul 27, 2026 13w ago | Insider Cluster | $34.88 $35.56 | ▲ +1.95% | ▼ −2.10% | $35.29 (+1.18%) |
Jul 8, 2026 15w ago | 8-K | $36.46 $34.97 | ▼ −4.09% | ▼ −6.58% | $35.29 (−3.21%) |
Jul 7, 2026 15w ago | Press Release | $36.46 $34.97 | ▼ −4.09% | ▼ −6.58% | $35.29 (−3.21%) |
Jul 7, 2026 15w ago | Press Release | $36.46 $34.97 | ▼ −4.09% | ▼ −6.58% | $35.29 (−3.21%) |
Mar 6, 2026 33w ago | Press Release | $36.84 $32.93 | ▼ −10.61% | ▼ −23.39% | $35.29 (−4.21%) |
US Market Status
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