Esco Technologies completes acquisition of Megger Group
ESE•Esco Technologies completed its acquisition of Megger Group, a business of TBG. TBG received ESCO common stock, accepted lock-up provisions and secured nomination rights for one board seat.
1. Acquisition completed
Esco Technologies completed its acquisition of Megger Group, which provides testing, monitoring and data-driven solutions for utilities and critical electric infrastructure. The business will be integrated into Esco’s Utility Solutions Group segment.
2. Guidance timing
Esco said fiscal 2027 guidance, including the deal’s impact, is scheduled for November with its fourth-quarter 2026 earnings.
