M&A - Ingersoll Rand Inc.
Form Type: 11-K
Filing Date: 2025-06-24
Corporate Action: Acquisition
Type: New
Accession Number: 000162828025032871
Filing Summary: Ingersoll Rand Inc. filed the 11-K for the Ingersoll Rand Retirement Savings Plan for the fiscal year ending December 31, 2024. The report includes financial statements audited by RubinBrown LLP, which express an opinion that the statements fairly present the net assets available for benefits and changes therein. The net assets available for benefits as of December 31, 2024, were reported at $1,398,076,373, an increase from $1,279,773,371 in 2023. Significant contributions included $29,067,673 from the company and $44,512,795 from participants. The report details participant contributions, company contributions, and distributions to participants, along with investment income from the Master Trust. Notably, the Plan permits the merger of the ILC Dover 401(k) Savings and Investment Plan's assets, totaling $60,798,488, into the Ingersoll Rand Retirement Savings Plan effective January 1, 2025. This merger is part of a broader strategy to consolidate retirement plans for employees of the newly acquired entities. Additional notes cover the plan's compliance with ERISA, estimates used in financial statements, and the fair value measurement of the Plan's investments.
Additional details:
Plan Name: Ingersoll Rand Retirement Savings Plan
Investment In Master Trust: $1,384,178,373
Participant Contributions: $1,145,026
Company Contributions: $1,698,226
Dividends: $210,264,880
Administrative Expenses: $603,861
True Up Matching Contribution: $932,501
Form Type: 10-Q
Filing Date: 2025-05-02
Corporate Action: Acquisition
Type: Update
Accession Number: 000162828025021883
Filing Summary: Ingersoll Rand Inc. reports financial performance for Q1 2025, highlighting recent acquisitions as part of their growth strategy. The report details segments including Industrial Technologies and Services, and Precision and Science Technologies, indicating strategic investments in these areas. The company continues to navigate a complex landscape, emphasizing cost management and operational efficiencies. The update reflects strong revenue growth and outlines future priorities, including further acquisitions and restructuring initiatives to enhance competitiveness.
Additional details:
Acquisition Date: 2025-01-01
Segment: Industrial Technologies and Services
Segment: Precision and Science Technologies
Revenue Growth: Strong
Cost Management Focus: yes
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