Complete the sale of the Specialty Vehicle Technologies segment
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 28 Apr 2021
- Due
- 30 Sep 2021
- Delivered
- 1 Jun 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“is expected to be completed by the third quarter of 2021”
What we found
Evidence strength A What the grades mean
The company substantially completed the sale of its Specialty Vehicle Technologies segment on June 1, 2021, which is within the third quarter of 2021 deadline.
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A Ingersoll Rand 10-Q filed 2021-11-05
“The sale was substantially completed on June 1, 2021.” ✓ confirmed on the page
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A Ingersoll Rand 10-K filed 2022-02-25
“On April 9, 2021, the Company entered into an agreement to sell its Specialty Vehicle Technologies segment (“SVT” or “Club Car”) to private equity firm Platinum Equity Advisors, LLC for an aggregate purchase price of $1.68 billion.” ✓ confirmed on the page
Market reaction: the shares moved +4.0% against the S&P 500 over the three sessions around the disclosure (4 Nov 2021 to 9 Nov 2021). What this measures
Checked 12 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Complete
- Deliverable
- Specialty Vehicle Technologies segment
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to regulatory approval
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-IR-007917 · Corrections policy