Deal facts
- Buyer
- IES Holdings, Inc.
- Target
- DBM Global, Inc.
- Deal value
- USD 510,000,000
- Announced
- 10 August 2026
- Status
- Completed
- Sector
- Other
- Country
- United States
- Consideration
- cash, shares
Sources
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2 updates- CompletedClosed
IES Holdings, Inc. completes acquisition of DBM Global, Inc.
EX-99.1 2 a202610058-kxexhibit991.htm EX-99.1 Document Exhibit 99.1 INNOVATE Completes Sale of DBM Global to IES Holdings NEW YORK, October 5, 2026 ( Globe Newswire ) – INNOVATE CORP.® (NYSE: VATE) (“INNOVATE”) announced today that it has completed the previously announced sale of DBM Global, Inc. (“DBMG”) to IES Holdings, Inc. (Nasdaq: IESC) (“IES”) pursuant to the Transaction Agreement (the “Agr
Source - CompletedClosed
IES Holdings, Inc. completes acquisition of DBM Global, Inc.
Item 1.01 Entry into a Material Definitive Agreement. On October 5, 2026, IES Holdings, Inc., a Delaware corporation (“IES” or the “Company”) entered into Amendment No. 2 to Fourth Amended and Restated Credit Agreement and Amendment No. 1 to Amended and Restated Guaranty and Security Agreement (the “Amendment”), which amends the Fourth Amended and Restated Credit Agreement dated January 21, 2025 (
Source
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Buyer history
IES Holdings, Inc.
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