{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-033623","form_type":"8-K","ticker":"LMB","cik":"0001606163","company_name":"Limbach Holdings, Inc.","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.475208+00:00","generated_at":"2026-05-18T09:59:51.031670+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Limbach acquires Pioneer Power for $66.1M; upsizes credit facility to $100M","bullets":["Acquired Pioneer Power for $66.1M initial purchase price using cash and revolving credit facility.","Senior secured revolving credit facility upsized from $50M to $100M, maturity extended to July 2030.","Pioneer Power generated ~$135M revenue and $9M adjusted EBITDA in FY 2024.","Acquisition expected to be accretive to adjusted EBITDA and EPS beginning in FY 2025.","Expands Limbach's footprint into Upper Midwest mechanical contracting market."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-033623","json":"https://secwatch.observer/filing/0001628280-25-033623.json","markdown":"https://secwatch.observer/filing/0001628280-25-033623.md","text":"https://secwatch.observer/filing/0001628280-25-033623.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606163/000162828025033623/0001628280-25-033623-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606163/000162828025033623/lmb-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:59:51.031670+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":"0a0f69122213560c2f1017a28f08ec5447560b0e","claim":"Limbach Holdings, Inc. amended revolving credit of $100.0 million with Wheaton Bank & Trust Company, N.A. maturing July 1, 2030.","evidence_excerpt":"The Second Amendment to the Second A&R Wintrust Credit Agreement provides for, among other things, (i) an upsize of the aggregate principal amount of the senior secured revolving credit facility from $50.0 million to $100.0 million, (ii) modifying the definition of “L/C Sublimit” to increase the sublimit for the issuance of letters of credit from $10.0 million to $20.0 million, (iii) an extension of the revolving credit scheduled maturity date from February 24, 2028 to July 1, 2030, (iv) a decrease in the applicable margins for Term SOFR and Prime Rate (each defined in the Second Amendment to the Second A&R Wintrust Credit Agreement) revolving loans as determined with reference to the Borrower’s Senior Leverage Ratio (as defined in the Second Amendment to the Second A&R Wintrust Credit Agreement), (v) a term loan conversion feature, allowing the Borrower, subject to certain conditions, to convert outstanding revolving loans into one or more term loan tranches, (vi) the removal of certa","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1606163/000162828025033623/0001628280-25-033623-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$100.0 million"},{"label":"Counterparty","value":"Wheaton Bank & Trust Company, N.A."},{"label":"Maturity","value":"July 1, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}