Everus Construction to buy modular builder Epsilon Industries for $295 million cash - ECG News | RalliesEverus Construction to buy modular builder Epsilon Industries for $295 million cash
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ECG• Everus Construction to acquire Epsilon Industries for $295 million cash
- Everus Construction Group to buy modular construction firm Epsilon Industries for $295 million cash, subject to customary adjustments.
- The deal targets off-site mechanical and electrical building systems, expanding Everus’ modular and prefabrication capabilities across North America.
- Funding will come from cash on hand and borrowings under the company’s credit facilities.
- The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and other customary conditions.
- Epsilon forecasts 2026 revenue of about $250 million, with EBITDA margin in the low double digits.
