Loar Holdings Inc. 8-K

What Happened

• Loar Holdings Inc. filed an 8-K disclosing that on December 23, 2025 its subsidiary Loar Group completed the acquisition of LMB (a global specialty maker of high‑performance fans and motors founded 60+ years ago). The aggregate cash consideration paid to sellers was $367 million, plus the assumption of net debt.
• The same day Loar Group and the lenders executed the Nineteenth Amendment to the Credit Agreement to provide an incremental term loan facility of $445 million to Loar Group. First Eagle Alternative Credit, LLC serves as administrative agent and collateral agent; Citibank, N.A. is the revolving administrative agent. The amendment includes customary representations, covenants and events of default.

Key Details

• Acquisition closing date: December 23, 2025 (press release issued Dec 26, 2025).
• Purchase price: $367 million in cash paid to sellers, plus assumption of net debt.
• New borrowing: $445 million incremental term loan made available under amended Credit Agreement.
• Financing: Acquisition financed through cash on hand and borrowing under the Credit Agreement.

Why It Matters

• The transaction adds LMB’s product portfolio (2,000+ custom fans, blowers, motors and related businesses) to Loar’s operations, expanding its specialty industrial offering.
• The deal increases Loar Group’s indebtedness (new $445M term loan and assumed net debt) and was funded partly by new bank financing, which will affect the company’s capital structure and cash flow needs.
• Investors should note the filing discloses customary loan covenants and events of default under the amended credit agreement and that the company furnished a press release announcing the closing.