What did Limbach Holdings (NYSE: LMB) pay for Consolidated Mechanical, Inc.?

$23.0M, equivalent to 5.8× EBITDA / 1.00× revenue. Target revenue was approximately $23.0M. Target EBITDA was approximately $4.0M.

ACQUIRED · 2024

Who Acquired Consolidated Mechanical, Inc.?

Limbach Holdings (NYSE: LMB) · $23.0M· 5.8× EBITDA

The acquisition

Consolidated Mechanical, Inc. (Owensboro, KY) was acquired by Limbach Holdings (NYSE: LMB) in 2024 for $23.0M. Industrial mechanical contractor offering piping fabrication/installation, precision equipment installation, steel fabrication, and commercial plumbing and HVAC systems. The deal was priced at 5.8× EBITDA / 1.00× revenue.

Consolidated Mechanical, Inc. at time of acquisition

Revenue

$23.0M

EBITDA

$4.0M

Deal value

$23.0M

EV / EBITDA

5.8×

Other acquisitions by Limbach Holdings (NYSE: LMB)

Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.

ACME Industrial Piping, LLC · 2023 · $5.0M · 5.0× EBITDA

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