MISTRAS Group agrees to be acquired by H.I.G. Capital for USD 20.35 a share in cash - MG News | RalliesMISTRAS Group agrees to be acquired by H.I.G. Capital for USD 20.35 a share in cash
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MG• MISTRAS Group agrees to all-cash acquisition by H.I.G. Capital
- MISTRAS Group agreed to be acquired by H.I.G. Capital in an all-cash deal valuing the company at about USD 866 million.
- Stockholders will receive USD 20.35 per share, an 8% premium to the 30-day VWAP and 13% to the 90-day VWAP.
- The transaction is expected to close in late 2026 or early 2027, subject to stockholder approval and regulatory clearances.
- H.I.G. secured voting and support agreements covering about 31% of MISTRAS’s common stock.
- The agreement includes a 40-day go-shop period ending Oct. 27, 2026.
