Limbach Holdings Acquires Consolidated Mechanical [Yahoo! Finance]
Limbach Holdings, Inc. (LMB)
Last limbach holdings, inc. earnings: 11/14 05:03 pm
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Source: Yahoo! Finance
WARRENDALE, Pa., December 02, 2024 BUSINESS WIRE )--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 owners of complex process systems in the industrial sector. The acquisition of CMI was internally sourced by Limbach, as the Company continues to pursue value enhancing opportunities that meet its strict criteria. Limbach paid an initial purchase price of $23 million, and CMI is expected to contribute annualized revenue of approximately $23 million beginning in 2025, and EBITDA of $4 million
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News
- Are Strong Financial Prospects The Force That Is Driving The Momentum In Limbach Holdings, Inc.'s NASDAQ:LMB) Stock? [Yahoo! Finance]Yahoo! Finance
- Limbach Holdings, Inc. (NASDAQ: LMB) had its price target raised by analysts at Stifel Nicolaus from $108.00 to $110.00. They now have a "buy" rating on the stock.MarketBeat
- 3 Buy-Worthy Stocks on New Analyst Coverage [Yahoo! Finance]Yahoo! Finance
- Limbach Holdings Acquires Consolidated MechanicalBusiness Wire
- Recent Price Trend in Limbach (LMB) is Your Friend, Here's Why [Yahoo! Finance]Yahoo! Finance
LMB
Earnings
- 11/5/24 - Beat
LMB
Sec Filings
- 12/11/24 - Form 4
- 12/2/24 - Form 8-K
- 11/12/24 - Form SC
- LMB's page on the SEC website