AcquisitionSep 4, 2026Pending
๐บ๐ธ United States
EIExcel IndustriesBBBad Boy Mowers
Industrials โบ Machinery & Equipment
Deal valueUndisclosed
AnnouncedSep 4, 2026
ConsiderationCash
StructureNot stated
RegionNorth America
Cross-borderUnknown
Contingent paymentNo
Overview
Bad Boy Mowers agreed to acquire Excel Industries, Stanley Black & Decker's business primarily comprising professional-grade, gas-powered, ride-on and zero-turn mowers under the Hustler brand, for an undisclosed price.
Deal rationale
The document presents the sale as refining Stanley Black & Decker's portfolio to focus on its biggest brands and businesses and unlocking shareholder value, while Bad Boy Mowers looks to support Hustler's continued success as a leader in professional grade mowers.
AI-generated from the SEC filingPendingIndustrials โบ Machinery & EquipmentUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
BOBank of America
Parties
Target
EIExcel Industries
- Headquarters
- United States
- Ticker
- โ
Acquirer
BBBad Boy Mowers
- Headquarters
- โ
- Ticker
- โ
Seller
SBStanley Black & Decker
- Headquarters
- โ
- Ticker
- โ