---
schema_version: "secwatch.filing_event.v1"
accession: "0001048268-25-000165"
form_type: "8-K"
ticker: "IESC"
cik: "0001048268"
company_name: "IES Holdings, Inc."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T20:50:07.387254+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IES Holdings acquires Gulf Island Fabrication for $12/share (~$192M equity value)

## Summary
- All-cash deal: $12.00 per share; aggregate equity value ~$192M; 52% premium to Nov 6 close.
- Expected to close in quarter ending March 31, 2026, subject to shareholder and HSR clearance.
- Supporting shareholders (~20% of GIFI) and IES (~3.5%) have agreed to vote in favor.
- Gulf Island will not hold its Q3 2025 earnings call due to the transaction.
- Acquisition expands IES's Gulf Coast fabrication footprint (Houma, LA facility).

## SEC filing metadata
- accession: 0001048268-25-000165
- form_type: 8-K
- ticker: IESC
- cik: 0001048268
- company_name: IES Holdings, Inc.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048268/000104826825000165/0001048268-25-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048268/000104826825000165/iesc-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048268-25-000165
- JSON: https://secwatch.observer/filing/0001048268-25-000165.json
- Plain text: https://secwatch.observer/filing/0001048268-25-000165.txt

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