Franklin Electric Acquires Cat Pumps, Expanding Commercial and Industrial Flow Control Platform
Franklin Electric (FELE) acquired Cat Pumps for $350M in cash plus a $50M earnout. Cat Pumps generated $115M revenue and $45M EBITDA in 2025. The deal expands Franklin's commercial and industrial flow control platform, targeting high-growth markets. Expected to be accretive to EPS in 2027, with revenue synergies and access to aftermarket revenue streams.



