Pentair to buy Taco Group Holdings for about $1.4 billion

Reuters2026/07/28 10:50

By:Reuters

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Pentair agreed to buy Taco Group Holdings for about USD 1.4 billion, expanding its water solutions portfolio into hydronic and water-based HVAC markets.
Taco is expected to generate about USD 540 million of revenue in fiscal 2026, with adjusted EBITDA margins above 20% including planned synergies.
Purchase price implies about 10.5x 2026E EBITDA, including about USD 165 million in tax benefits and about USD 30 million in run-rate cost synergies.
Deal is expected to close in the fourth quarter of 2026; financing planned from cash on hand and committed bridge financing, later refinanced with debt.
Taco is slated to join the Water Solutions segment, keep the Taco brand, and maintain a significant presence in Cranston, Rhode Island.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pentair plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20260728677398) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pentair to buy Taco Group Holdings for about $1.4 billion

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