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Limbach Holdings Acquires Pioneer Power for $66.1 Million

Story Highlights
  • Limbach Holdings amended its credit agreement, increasing its facility to $100 million.
  • Limbach Holdings acquired Pioneer Power for $66.1 million, enhancing its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Limbach Holdings Acquires Pioneer Power for $66.1 Million

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The latest update is out from Limbach Holdings ( (LMB) ).

On June 27, 2025, Limbach Holdings LLC and its subsidiary entered into a second amendment to their credit agreement with Wheaton Bank & Trust Company, increasing their revolving credit facility from $50 million to $100 million, extending the maturity date, and modifying several financial terms. Additionally, on July 1, 2025, Limbach Holdings announced the acquisition of Pioneer Power, Inc. for $66.1 million, funded through cash and the company’s credit facility, potentially enhancing its market position in the mechanical contracting industry.

The most recent analyst rating on (LMB) stock is a Buy with a $67.00 price target. To see the full list of analyst forecasts on Limbach Holdings stock, see the LMB Stock Forecast page.

Spark’s Take on LMB Stock

According to Spark, TipRanks’ AI Analyst, LMB is a Outperform.

Limbach Holdings’ overall stock score is driven by strong financial performance, positive earnings call insights, and bullish technical indicators. However, the high P/E ratio suggests overvaluation, which could limit the upside potential. The strategic focus on the ODR model and robust cash flow management enhance long-term growth prospects.

To see Spark’s full report on LMB stock, click here.

More about Limbach Holdings

Average Trading Volume: 232,586

Technical Sentiment Signal: Buy

Current Market Cap: $1.62B

Learn more about LMB stock on TipRanks’ Stock Analysis page.

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