BROADWIND, INC. (BWEN) Form 8-K — Nov 2, 2026
$BWENForm 8-KItems 1.01, 2.01, 2.03, 7.01, 9.01Filed Nov 2, 2026, 5:16 PM ET0001437749-26-034471Original filing
Broadwind completed the acquisition of 100% of MCM Acquisition Company, Inc. on October 30, 2026, paying a base purchase price of $18.0 million plus up to $7.0 million in earnout, with approximately $21.5 million in cash paid at closing including $3.5 million in escrow. MCM is a Northport, Alabama manufacturer of precision-machined and fabricated metal components serving electric utility, infrastructure, agricultural, and industrial OEM customers, giving Broadwind strategic entry into electrical transmission and distribution.
Key figures
- Debt Amount
- 1796050
- Deal Value Usd
- 18000000
- Gross Proceeds
- 0
- Amendment fee
- $75,000
- Escrow deposits
- $3.5 million
- Cash paid at closing
- approximately $21.5 million
- Sofr margin increase
- 2.50% to 2.75%
- Letter of credit sublimit
- $5,000,000
- Credit maturity extended to
- January 1, 2028
- Contingent consideration max
- $7.0 million
- Excess availability covenant
- 17.5% of Revolving Loan Limit through March 31, 2027
- Term loan monthly installment
- $56,479.80
- Term loan balance after advance
- $4,744,303.18
AI analysis
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