On the Record · Matrix Service
Matrix Service acquisitions, on the record
The businesses Matrix Service 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
| Business | Deal | When | Value |
|---|---|---|---|
industrial cleaning businessWord for word“During fiscal 2023, we sold our industrial cleaning business for net proceeds of $ 6.3 million in cash and a $ 0.4 million receivable for amounts to be paid upon satisfactory transfer of title of certain vehicles and equipment sold.” 10-K for 2024 | divestiture | fiscal 2023 | net proceeds of $ 6.3 million in cash and a $ 0.4 million receivable |
Burlington, Ontario facilityWord for word“Includes $5.4 million of net proceeds in total from the sale of our Burlington, Ontario facility and Catoosa, Oklahoma facility that were disposed of in the first and second quarter of fiscal 2024, respectively.” 10-K for 2025 | divestiture | — | — |
Catoosa, Oklahoma facilityWord for word“Includes $5.4 million of net proceeds in total from the sale of our Burlington, Ontario facility and Catoosa, Oklahoma facility that were disposed of in the first and second quarter of fiscal 2024, respectively.” 10-K for 2025 | divestiture | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-06-30 | $13 million | — | $6.9 million |
| 2017-06-30 | $40.8 million | $0 | $35.1 million |
| 2018-06-30 | $1.7 million | $0 | — |
| 2019-06-30 | $0 | $3.9 million | — |
| 2020-06-30 | $0 | $0 | — |
| 2021-06-30 | — | $0 | — |
| 2023-06-30 | — | $6.3 million | — |
Deal filings since 2016
- 2025-08-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Matrix Service’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-09-03. 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.