m_and_a
confidence high
sentiment positive
materiality 0.70
MEC provides Accu-Fab 2024 financials in deal amendment: rev $61M, NI $9.1M
Mayville Engineering Company, Inc.
- Accu-Fab 2024 net sales $61.0M, net income $9.1M; 2023: $36.1M sales, $2.2M net income.
- Total assets $68.4M at Dec 31, 2024; goodwill $12.6M, customer relationships $19.0M.
- Filing includes unaudited Q1 2025 Accu-Fab financials and pro forma combined MEC data.
- Audited by RSM US LLP; no goodwill impairment indicated for 2024 or 2023.
- Acquisition of Accu-Fab consummated July 1, 2025; this amendment fulfills 9.01 requirements.
item 9.01