---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-26-000033"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2026-05-27T20:03:04+00:00"
generated_at: "2026-05-27T20:05:51.720090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MYR Group to acquire Valley Electric and Comet Electric for $328M

## Summary
- Acquisition of Valley Holdings I (Valley Electric, Comet Electric) for ~$328M in cash, subject to net asset adjustments.
- Combined average annual revenues of Valley Electric and Comet Electric exceeded $400M over the last two years.
- Transaction expected to close on or about July 1, 2026, pending regulatory approvals and customary conditions.
- Funding through cash on hand and borrowings under MYR's revolving credit facility.
- Seller is Prospect Capital Corporation; Stifel served as exclusive financial advisor to Valley.

## SEC filing metadata
- accession: 0000700923-26-000033
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2026-05-27T20:03:04+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092326000033/0000700923-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092326000033/myrg-20260527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-26-000033
- JSON: https://secwatch.observer/filing/0000700923-26-000033.json
- Plain text: https://secwatch.observer/filing/0000700923-26-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.