On the Record · Toro
Toro acquisitions, on the record
The businesses Toro 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 |
|---|---|---|---|
Intimidator GroupWord for word“On January 13, 2022, during the first quarter of fiscal 2022, we completed our acquisition of Intimidator for net aggregate purchase consideration of $399.8 million.” 10-K for 2023 | acquisition | On January 13, 2022 | net aggregate purchase consideration of $399.8 million |
Tornado Infrastructure Equipment Ltd.Word for word“On December 8, 2025, we acquired Tornado Infrastructure Equipment Ltd., a Calgary, Alberta, Canada-based manufacturer in the hydrovac excavation solutions industry for a purchase price of $279.3 million Canadian dollars.” 10-K for 2025 | acquisition | December 8, 2025 | $279.3 million Canadian dollars |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-10-31 | $0 | $1.5 million | — |
| 2017-10-31 | $24.2 million | $0 | $8.9 million |
| 2018-10-31 | $31.2 million | $0 | $20.7 million |
| 2019-10-31 | $697.5 million | $12.9 million | $137.1 million |
| 2020-10-31 | $138.2 million | $0 | $62.3 million |
| 2021-10-31 | $24.9 million | $26.6 million | — |
| 2022-10-31 | $402.4 million | $4.6 million | $163.7 million |
| 2023-10-31 | $21 million | $5.3 million | — |
| 2024-10-31 | $800,000 | $40 million | — |
| 2025-10-31 | $4.2 million | $9.7 million | — |
Deal filings since 2016
- 2025-12-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-10-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Toro’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 2025-12-17. 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.