Pentair to Acquire Taco Group Holdings in $1.4 Billion Deal to Expand Water Solutions Portfolio

{
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  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-07-28T13:02:41+00:00",
  "company": {
    "name": "Pentair",
    "domain": "pentair.com"
  },
  "data": {
    "url": "https://www.citybiz.co/article/879955/pentair-to-acquire-taco-group-holdings-in-1-4-billion-deal-to-expand-water-solutions-portfolio/",
    "title": "Pentair to Acquire Taco Group Holdings in $1.4 Billion Deal to Expand Water Solutions Portfolio - citybiz",
    "excerpt": "Pentair plc (NYSE: PNR) has agreed to acquire Taco Group Holdings for approximately $1.4 billion , a move that expands its portfolio of water management technologies and strengthens its presence in commercial HVAC, data centers, and other high-growth infrastructure markets. The acquisition is expected to enhance Pentair’s position in smart, sustainable water solutions while creating new opportunities for product development, cross-selling, and recurring aftermarket revenue. The transaction, which remains subject to customary regulatory approvals and is expected to close in the fourth quarter of 2026, values Taco at approximately 10.5 times estimated 2026 EBITDA, including about $165 million in tax benefits and roughly $30 million in anticipated annual cost synergies. Pentair plans to finance the acquisition through a combination of cash on hand and committed bridge financing, which it intends to refinance with permanent debt. Founded in 1920 and headquartered in Cranston, Rhode Island, Taco is a leading manufacturer of hydronic and water-based HVAC systems, supplying pumps, valves, tanks, heat exchangers, and advanced controls for residential, commercial, industrial, and municipal applications. The company is expected to generate approximately $540 million in revenue during fiscal 2026 and achieve adjusted EBITDA margins above 20% when anticipated cost synergies are included...",
    "summary": "Pentair has agreed to acquire Taco Group Holdings for approximately $1.4 billion to expand its portfolio of water management technologies.",
    "location": "Cranston, Rhode Island, USA",
    "planning": true,
    "image_url": "https://www.citybiz.co/wp-content/uploads/2026/07/Pentair.jpg",
    "confidence": 0.95,
    "published_at": "2026-07-28T13:02:41Z",
    "location_data": [
      {
        "city": "Cranston",
        "state": "Rhode Island",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Pentair plc (NYSE: PNR) has agreed to acquire Taco Group Holdings for approximately $1.4 billion , a move that expands its portfolio of water management technologies and strengthens its presence in commercial HVAC, data centers, and other high-growth infrastructure markets.",
    "amount_normalized": 1400000000,
    "related_company_name": "Taco Group Holdings",
    "related_company_domain": "tacocomfort.com"
  }
}

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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
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  -d '{"domain":"pentair.com","limit":20}'