Acuity to Buy Parameter Technologies for $675 Million
Acuity Inc. agreed on October 26, 2026 to purchase Parameter Technologies for $675 million. Parameter’s monitoring and detection products will be added to Acuity’s Distech Controls business, combining them with edge-control technology for data centers and other critical infrastructure. Acuity plans to use $500 million in borrowings and cash for the purchase and expects completion in fiscal 2027’s second quarter, subject to regulatory and other closing requirements.
Why it matters
The acquisition expands Acuity’s data-center and critical-infrastructure portfolio and adds sensing capabilities to its controls offering. Acuity expects the purchase to increase fiscal 2027 adjusted diluted EPS, while Parameter projects approximately $100 million in calendar 2027 sales with EBITDA margins of approximately 40 percent.
Key facts
- 1The agreed purchase price is $675 million. investing.com
- 2Acuity plans to finance the deal with $500 million in borrowings and the balance from cash on hand. investing.com
- 3Parameter expects approximately $100 million in calendar 2027 sales and EBITDA margins of approximately 40 percent. investing.com
- 4Parameter will join Distech Controls within Acuity Intelligent Spaces after the deal closes. stocktitan.net
- 5Acuity expects the acquisition to be accretive to fiscal 2027 full-year adjusted diluted earnings per share. investing.com
- 6Acuity shares rose 0.72% in pre-market trading. rttnews.com
Open questions
- The expected closing date is described as late 2026 in some materials and as the second quarter of fiscal 2027 in another.
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.