Ingersoll Rand Inc. (NYSE:IR) is looking for M&A. During First Quarter 2024 Earnings Conference Call Vicente Reynal Chairman and CEO said, "And finally, on the right-hand side of the page, I would like to highlight that with the announced acquisition of ILC Dover, which is expected to close later this quarter, we have already exceeded our annualized inorganic revenue target of 400 to 500 basis points. Having said that, we continue to execute our bolt-on M&A strategy and expect more deals to be announced later in the year, further exceeding our annualized inorganic revenue target". Vikram Kini Chief Financial Officer said, "M&A remains our top priority for our capital allocation, and we continue to expect M&A to be our primary use of cash as we look ahead.

Free cash flow for the quarter was $99 million, including CapEx, which totaled $62 million".