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Tornado Infrastructure acquired by Toro for $279.3M, after tripling net income in Q3 2025.
Tornado Infrastructure Equipment Ltd. reported a 100% increase in third-quarter 2025 net income to $4.1 million, driven by higher hydrovac truck sales, improved efficiency, and the May 2025 acquisition of Custom Vacuum Services.
Revenue rose 39% to $42.3 million, with EBITDAS up nearly 100%.
The company announced on October 6, 2025, a proposed all-cash acquisition by The Toro Company for $279.3 million, pending shareholder approval at a special meeting on December 2, 2025.
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Infraestructura Tornado adquirida por Toro por $279.3M, después de triplicar los ingresos netos en el tercer trimestre de 2025.