LMB - Mergers and acquisitions

Strengthens Position as a Leader in Mission-Critical Mechanical and Maintenance Solutions in the Upper Midwest Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach", or the "Company"), a building systems solutions firm that partners with building owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure, today announced that it has acquired Pioneer Power, Inc. ("Pioneer Power", or "PPI") for a purchase price at closing of $66.1 million, financed through a combination of available cash and borrowings under the Company's recently expanded revolving credit facility. Founded in 1947 and formerly 100% ESOP-owned, PPI is a provider of industrial and

Leading provider of industrial facility systems solutions serving Kentucky, Michigan, and Illinois expands Limbach's owner direct relationships Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company"), a building systems solutions firm that partners with building owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure, today announced that it has acquired Consolidated Mechanical, Inc. ("CMI"). Founded in 1984 in Owensboro, Kentucky, CMI serves the heavy industrial, power, and commercial markets. CMI is a premier provider of mechanical, millwright, steel fabrication, plumbing construction, maintenance, and outage services to ow

A leading provider of building systems solutions in the Greater Washington, D.C. metro region Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company"), a building systems solutions firm that partners with building owners and facilities managers who have mission critical mechanical, electrical and plumbing infrastructure, today announced that it has acquired Kent Island Mechanical, LLC ("KIM") for an initial purchase price of $15 million. Based in Laurel, Maryland and serving the Greater Washington, D.C. metro region, KIM is a leading service provider to facility owners who require solutions for maintaining complex building systems. Transaction Highlights The acquisition expan

Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") today announced the closing of the acquisition of Chattanooga, TN-based specialty industrial contractor ACME Industrial Piping, LLC ("ACME") for an enterprise value of $5 million in an all-cash transaction. Transaction Highlights ACME specializes in performing industrial maintenance, capital project work, and emergency services for specialty chemical and manufacturing clients, and is a leading mechanical solutions provider for hydroelectric producers. ACME's business model aligns well with Limbach's emphasis on expanding the Owner Direct Relationships ("ODR") segment, including significant owner-direct exposure and an