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Dec 5, 2025 8:00 AM

ITT To Acquire SPX FLOW In $4.8 Billion Deal

ITT Inc. (NYSE:ITT) announced on Friday it has inked a definitive deal to acquire SPX FLOW from Lone Star Funds for $4.775 billion.

The cash and equity deal is valued at 14.2x its projected 2026 adjusted EBITDA or 11.5x when factoring in anticipated cost synergies.

Details

The transaction will be paid using a mix of cash and $700 million in ITT common stock issued to Lone Star.

ITT plans to finance the cash portion through a combination of debt and equity.

The deal is anticipated to be finalized by the ...