GOLDMAN BARRY R sold $1.2M of AYI

Parameter Technologies, a monitoring solutions provider, agreed to be acquired by Acuity Inc. (AYI) for $675 million. The deal is expected to close in late 2026, with Parameter joining Acuity's Distech Controls unit. AYI shares rose 0.72% in pre-market trading.

Acuity Inc. (AYI) agreed to acquire Parameter Technologies for $675M. Parameter, which provides data center monitoring solutions, expects $100M in 2027 sales with 40% EBITDA margins. Acuity will fund the deal with $500M in debt and cash, aiming to close in Q2 2027. The acquisition is expected to boost Acuity's earnings per share.

Acuity Inc. (AYI) agreed to acquire Parameter Technologies for $675M. The deal is expected to close in late 2026, pending customary conditions. According to the companies, the acquisition is strategic and will add sensing and monitoring capabilities to Acuity's controls stack.

Acuity Inc. (AYI) will acquire Parameter Technologies for $675 million, combining Parameter's monitoring tech with Distech's building controls. The deal, expected to close in late 2026, aims to help customers detect and resolve issues earlier. Acuity and Parameter will operate independently until the transaction closes.

Acuity Inc. (AYI) agreed to acquire Parameter Technologies for $675M, funded by $500M in borrowings and cash. The deal is expected to close in Q2 FY2027 and be accretive to fiscal 2027 adjusted diluted EPS, according to the company.

Nike (NKE) provided fiscal 2027 adjusted EPS guidance of $1.15 to $1.35. Acuity (AYI) issued fiscal 2026 adjusted EPS guidance of $20.50 to $22.00 and fiscal 2027 EPS and revenue guidance of $20.50 to $22.00 and $4.7B to $4.9B, respectively. Both companies' guidance is based on their estimates.