MISTRAS receives no rival bids as go-shop period for H.I.G. deal expires
MG•MG•MG•MG•MISTRAS Group's 40-day go-shop period expired October 27 without alternative acquisition proposals. H.I.G. affiliates will pay $20.35 per share, valuing the business at approximately $866 million including debt; the transaction is expected to close in late 2026 or early 2027, subject to approval and other conditions.
MISTRAS Group said its 40-day go-shop period expired October 27 without any alternative acquisition proposals. H.I.G. Capital affiliates will pay $20.35 per common share, valuing the business at approximately $866 million, including outstanding debt.
The sale process reached 122 potential bidders; 40 signed confidentiality agreements and received access to nonpublic information. The transaction is expected to close in late 2026 or early 2027, subject to stockholder approval and other closing conditions.
