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Construction M&A image Construction M&A » By The Online Investor Staff, updated Thu., Apr. 18, 7:36 AM Recent mergers and acquisitions in the Construction M&A category.

Slide #54. Integrated Electrical Services, Inc. MISCOR Group, Ltd.

Acquirer: Integrated Electrical Services, Inc. (NASDAQ:IESC)
Acquiree: MISCOR Group, Ltd.
Details: Integrated Electrical Services, Inc. (NASDAQ:IESC) ("IES") today announced that it has completed its acquisition of MISCOR Group, Ltd. ("MISCOR"), a provider of electrical and mechanical solutions to customers both in the United States and abroad. The acquisition of MISCOR is part of IES' strategic plan to invest in companies that meet our strategic and financial criteria and allow us to accelerate the utilization of our net operating loss carryforwards.

IES Holdings designs and installs integrated electrical and technology systems. Co.'s segments are: Communications, which is a provider of network infrastructure solutions for data centers and other environments; Residential, which is a provider of electrical installation services, as well as heating, ventilation and air conditioning and plumbing installation services, and cable television installations; Infrastructure Solutions, which provides electro-mechanical solutions for industrial operations to domestic and international customers; and Commercial and Industrial, which provides electrical and mechanical design, service, and construction services to commercial and industrial markets.

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Company Name:  IES Holdings Inc
Website:  www.ies-corporate.com
Sector:  Construction
Number of ETFs Holding IESC:  27
Total Market Value Held by ETFs:  $101.30M
Total Market Capitalization:  $2.42B
% of Market Cap. Held by ETFs:  4.18%
 

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April 18, 2024    7:36 AM Eastern
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