secwatch.observer — SEC 8-K summary
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Issuer:     Orion Group Holdings Inc (ORN)
CIK:        0001402829
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001402829-26-000003
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion completes $60M acquisition of J.E. McAmis, strengthens heavy marine construction
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- Acquired J.E. McAmis for approx. $60M: $46M net cash (from credit facility), $12M 5-yr 6% note, $2M stock, plus contingent payments up to $10M and 40% profit share.
- Adds strategic Jones Act marine assets, jetty/breakwater capabilities, and $1.4B opportunity pipeline; expected accretive to FY2026 adjusted EBITDA.
- Transaction funded with $46.9M borrowings under UMB credit agreement; Orion issued 182,392 shares to sellers via Section 4(a)(2) exemption.
- J.E. McAmis has strong ties with U.S. Dept of Defense and Army Corps of Engineers; owns marine & real estate assets valued at $34M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402829/000140282926000003/0001402829-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402829/000140282926000003/orn-20260203x8k.htm
  HTML page:      https://secwatch.observer/filing/0001402829-26-000003

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