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On the Record · Carlisle Companies

Carlisle Companies acquisitions, on the record

The businesses Carlisle Companies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Henry Company LLC (Henry)
Word for word“The CWT segment was created in early 2022 to incorporate our acquisition of Henry Company LLC ("Henry") on September 1, 2021 and align our segments around our products and applications for the building envelope.” 10-K for 2023
acquisitionSeptember 1, 2021—
CFT business
Word for word“The increase in cash and cash equivalents compared to December 31, 2022, is primarily related to cash received from the sale of the CFT business and cash generated from operations, partially offset by cash used on share repurchases, repayment of senior notes, capital expenditures and payment of dividends to stockholders.” 10-K for 2023
divestiture——
Polar Industries, Inc., Fox Transport, Inc. and LRH, LLC (collectively "Polar")
Word for word“management excluded from its assessment the internal control over financial reporting at Polar Industries, Inc., Fox Transport, Inc. and LRH, LLC (collectively "Polar") which was acquired on November 8, 2023 and whose financial statements constitute less than 1% of total assets and revenues of the consolidated financial statement amounts as of and for the year ended December 31, 2023.” 10-K for 2023
acquisitionNovember 8, 2023—
MBTechnology
Word for word“Cash used in investing activities of $61.1 million for 2022 primarily reflected capital expenditures of $183.5 million and the acquisition of MBTechnology for $24.7 million, partially offset by the proceeds of the contingent consideration from the earn out payment and sale of real estate associated with the 2021 sale of CBF for $132.0 million and proceeds from investment in securities of $10.3 million.” 10-K for 2023
acquisition—24.7
CBF
Word for word“Cash used in investing activities of $1,486.4 million for 2021 primarily reflected the acquisition of Henry for $1,571.3 million, net of cash acquired, capital expenditures of $134.8 million and investment in securities of $30.2 million, partially offset by proceeds of $247.7 million from the sale of CBF.” 10-K for 2023
divestiture2021247.7
a business (unnamed)
Word for word“Cash provided by investing activities of $352.4 million for 2023 primarily reflected net cash received from the sale of CFT of $510.6 million and proceeds from the sale of assets of $19.0 million, partially offset by capital expenditures of $142.2 million and the acquisition of a business for $36.1 million.” 10-K for 2023
acquisition202336.1
MTL Holdings LLC ("MTL")
Word for word“On May 1, 2024, the Company completed the acquisition of 100 % of the equity interests of MTL Holdings LLC ("MTL") for cash consideration of $ 424.6 million, including $ 10.3 million of cash acquired, subject to post-closing adjustments which were finalized in the third quarter of 2024.” 10-K for 2024
acquisitionOn May 1, 2024$ 424.6 million, including $ 10.3 million of cash acquired
PFB Holdco, Inc ("PFB")
Word for word“On December 18, 2024, the Company completed the acquisition of 100 % of the equity interests of PFB Holdco, Inc. ("PFB") for cash consideration of $ 268.9 million, including $ 6.4 million of cash acquired, subject to certain customary purchase price adjustments.” 10-K for 2024
acquisitionOn December 18, 2024$ 268.9 million, including $ 6.4 million of cash acquired
CIT business
Word for word“Cash provided by investing activities of $1,229.6 million for 2024 primarily reflected net cash received from the sale of CIT of $1,998.0 million, partially offset by use of an aggregate of $676.9 million to fund the acquisitions of MTL and PFB and capital expenditures of $113.3 million.” 10-K for 2024
divestiture——
Bonded Logic, Inc. and Phoenix Fibers, LLC (selected assets)
Word for word“On June 30, 2025, the Company completed the acquisition of selected assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively, "Bonded Logic"), for cash consideration of $ 61.4 million, subject to customary post-closing purchase price adjustments that were finalized in the fourth quarter of 2025.” 10-K for 2025
acquisitionJune 30, 2025$ 61.4 million
ThermaFoam Operating LLC, PowerFoam LLC, and ThermaFoam Real Estate LLC (selected assets)
Word for word“On February 3, 2025, the Company completed the acquisition of selected assets of ThermaFoam Operating LLC, PowerFoam LLC, and ThermaFoam Real Estate LLC (collectively, "ThermaFoam"), for cash consideration of $ 53.7 million, subject to customary post-closing purchase price adjustments that were finalized in the fourth quarter of 2025.” 10-K for 2025
acquisitionFebruary 3, 2025$ 53.7 million
PFB Holdco, Inc.
Word for word“On December 18, 2024, the Company completed the acquisition of 100 % of the equity interests of PFB Holdco, Inc. ("PFB") for cash consideration of $ 266.5 million, including $ 6.4 million of cash acquired, subject to certain customary purchase price adjustments.” 10-K for 2025
acquisitionDecember 18, 2024$ 266.5 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$185.5 million$0$86.6 million
2017-12-31$934.3 million$0$420.2 million
2018-12-31$19.5 million$758 million$5.5 million
2019-12-31$616.4 million$0$274.5 million
2020-12-31$35.4 million$0$18.1 million
2021-12-31$1.57 billion$247.7 million$903 million
2022-12-31$24.7 million$132 million$12.5 million
2023-12-31$36.1 million$510.6 million$20.6 million
2024-12-31$676.9 million$2 billion$286 million
2025-12-31$109.6 million$0$69.6 million

Deal filings since 2016

Read from Carlisle Companies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.