IES Holdings agrees to buy DBM Global in deal valued at about $650 million
Reuters2026/08/27 11:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- IES reported fiscal 2025 revenue of $3.37 billion, a 5-year revenue CAGR of 23%.
- Operating income reached $383.5 million, implying a 5-year operating income CAGR of 50%.
- Agreement to buy DBM Global for about $650 million, expected to close in the quarter ending Dec. 31, 2026.
- DBM would form a new Structural segment; DBM trailing 12-month revenue was $1.5 billion with adjusted EBITDA of $123 million.
- Balance sheet metrics included $232 million of net cash and marketable securities, measured as of Sept. 30, 2025.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IES Holdings Inc. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.
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