The latest announcement is out from Limbach Holdings (LMB).
Limbach Holdings, Inc. has successfully completed the acquisition of Kent Island Mechanical, LLC, a specialty mechanical contractor based in Laurel, MD, with the deal involving an initial cash payment of $15 million and the potential for an additional $5 million earnout. This strategic move is expected to enhance Limbach’s market presence and offer potential financial growth opportunities for its stakeholders.
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