Ingersoll Rand Inc. (NYSE:IR) entered into an agreement to acquire assets of Tuthill Vacuum and Blower Systems for approximately $180 million on December 7, 2020. The consideration is fully payable in cash. Tuthill Vacuum and Blower Systems has annual revenue of approximately $60 million. Upon closing of the transaction, the employees and brands of Tuthill Vacuum and Blower Systems will join the Ingersoll Rand Industrial Technologies and Services (IT&S) segment. The transaction is subject to required regulatory approvals and necessary third-party consents and is expected to close in the first quarter or earlier. The transaction is expected to be accretive to Adjusted EPS and Adjusted EBITDA in first full year. EC Mergers & Acquisitions acted as M&A advisor to Tuthill Corporation. Lauralyn G. Bengel, Olga Bogush, Chris L. Bollinger, Stephen M. Copenhaver, Matthew Galo, David M. Loring, Henry Lee Mann and David S. Sattelberger of Schiff Hardin LLP acted as legal advisors to Tuthill Corporation. Ingersoll Rand Inc. (NYSE:IR) completed the acquisition of assets of Tuthill Vacuum & Blower Systems from Tuthill Vacuum & Blower Systems on January 31, 2021. The acquisition was completed with cash on hand. The MD Pneumatics and Kinney Vacuum Pumps team and the exceptional line of products, technologies and application expertise will join the Ingersoll Rand family,