secwatch.observer — SEC 8-K summary
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Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038649
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach provides PPI acquisition details; sees $120M revenue and $10M EBITDA from PPI in FY2026
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- Purchase price of $66.1M funded with cash and ~$40M revolver draw.
- PPI expected to contribute $120M revenue and $10M Adjusted EBITDA in FY 2026.
- Updated FY2025 guidance: revenue $650–$680M, Adjusted EBITDA $80–$86M (PPI adds $40–50M revenue, $2–4M EBITDA in H2).
- Company had $38.9M cash on June 30 and $84.9M revolver availability pre-deal.
- No earn-out; PPI was 100% ESOP-owned, making earn-out not practical.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000162828025038649/0001628280-25-038649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000162828025038649/lmb-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038649

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer