---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-146128"
form_type: "8-K"
ticker: "LMB"
cik: "0001606163"
company_name: "Limbach Holdings, Inc."
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:50:43.518002+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Limbach acquires Jake Marshall for $20M cash; expects immediate accretion

## Summary
- Enterprise value of $20M all-cash; funded with $10M cash on hand and $10M term borrowings under A&R credit facility.
- Jake Marshall generated average $45M revenue and $4.5M EBITDA annually from 2014-2020; earnout up to $6M based on gross profit thresholds through 2023.
- Deal expands owner-direct focus and southeast presence; expected to be accretive to bottom line.
- A&R Credit Agreement provides $35.5M term loan and $25M revolver, maturing February 2026.

## SEC filing metadata
- accession: 0001104659-21-146128
- form_type: 8-K
- ticker: LMB
- cik: 0001606163
- company_name: Limbach Holdings, Inc.
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606163/000110465921146128/0001104659-21-146128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606163/000110465921146128/tm2134423d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-146128
- JSON: https://secwatch.observer/filing/0001104659-21-146128.json
- Plain text: https://secwatch.observer/filing/0001104659-21-146128.txt

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