{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-011281","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2023-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.458436+00:00","generated_at":"2026-06-13T20:10:15.674623+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mayville Engineering acquires Mid-States Aluminum for ~$96M; expects Q3 2023 close","bullets":["Deal value approximately $96M, subject to customary working capital adjustments.","MSA 2022 revenue $86M, Adjusted EBITDA $16M (margin >18%); acquired for lightweight fabrication capabilities.","Acquisition to be immediately accretive to EPS, Adjusted EBITDA, and FCF (excl. transaction costs).","MEC expects MSA to contribute $30-35M net sales and $4-6M Adjusted EBITDA in FY 2023.","Funded by amending existing credit agreement to increase revolving facility to $250M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-011281","json":"https://secwatch.observer/filing/0001558370-23-011281.json","markdown":"https://secwatch.observer/filing/0001558370-23-011281.md","text":"https://secwatch.observer/filing/0001558370-23-011281.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023011281/0001558370-23-011281-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023011281/tmb-20230619x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T20:10:15.674623+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":[{"claim_id":"74af1bef5bd9ea6a01f5613e271f1de48a0ce1a9","claim":"Mayville Engineering Company, Inc. entered into Unit Purchase Agreement with shareholders of Mid-States Aluminum Corp. valued at approximately $96 million (effective 2023-06-19).","evidence_excerpt":"On June 19, 2023, Mayville Engineering Company, Inc. (the “Company”) and the shareholders (the “Sellers”) of Mid-States Aluminum Corp. (“MSA”) entered into an Unit Purchase Agreement (the “Purchase Agreement”), pursuant to which, subject to the satisfaction or waiver of the conditions contained therein and following a reorganization of MSA from a corporation to a limited liability company, the Company will acquire all of the issued and outstanding limited liability interests of MSA (the “Acquisition”) for a total consideration of approximately $96 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023011281/0001558370-23-011281-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"shareholders of Mid-States Aluminum Corp."},{"label":"Value","value":"approximately $96 million"},{"label":"Effective","value":"2023-06-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}