{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-045939","form_type":"8-K","ticker":"IESC","cik":"0001048268","company_name":"IES Holdings, Inc.","filed_at":"2026-10-06T20:00:15+00:00","discovered_at":"2026-10-06T20:01:00.315456+00:00","generated_at":"2026-10-12T16:24:38.986299+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"IES Holdings closes ~$691M DBM Global acquisition, adding ~$1.5B-revenue Structural segment","bullets":["IES acquired 100% of DBM Global, including INNOVATE's ~91.2% stake, for ~$691M: ~$545M cash plus 430,974 IES shares valued ~$146M.","DBM Global revenue was ~$1.5B for 12 months ended June 30, 2026; it becomes IES's new Structural segment with ~4,000 employees.","DBM operates Schuff Steel, Banker Steel, GrayWolf, DBM Vircon and Aitken, with >2M sq ft of U.S. fabrication/operating facilities.","IES funded cash with cash on hand and $525M borrowings; credit capacity rose to $700M ($200M term loan, $500M revolver); acquired units joined as guarantors.","Cash consideration includes $35M payment to INNOVATE for estimated cost of Section 338(h)(10) election; deal closed Oct. 5, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-045939","json":"https://secwatch.observer/filing/0001493152-26-045939.json","markdown":"https://secwatch.observer/filing/0001493152-26-045939.md","text":"https://secwatch.observer/filing/0001493152-26-045939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048268/000149315226045939/0001493152-26-045939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048268/000149315226045939/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:24:38.986299+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}