---
schema_version: "secwatch.filing_event.v1"
accession: "0002015845-26-000023"
form_type: "8-K"
ticker: "ECG"
cik: "0002015845"
company_name: "Everus Construction Group, Inc."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:53:24.190333+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Everus acquires SE&M for $158M; expands Southeast pharma/industrial reach

## Summary
- Acquired SE&M Constructors, Inc. and affiliates for $158M cash, plus potential earnout up to 8% of purchase price.
- SE&M 2025 revenue $109M with EBITDA margin in high teens; capital spending less than 1% of revenue.
- Over 200 skilled craft laborers; ~65% revenue from mechanical services; 60% from pharma/healthcare.
- Deal funded from cash on hand; pro forma net leverage 0.8x, preserving balance sheet flexibility.
- SE&M CEO Zack Bynum and leadership team remain; deal effective April 2, 2026.

## SEC filing metadata
- accession: 0002015845-26-000023
- form_type: 8-K
- ticker: ECG
- cik: 0002015845
- company_name: Everus Construction Group, Inc.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2015845/000201584526000023/0002015845-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2015845/000201584526000023/ecg-20260401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002015845-26-000023
- JSON: https://secwatch.observer/filing/0002015845-26-000023.json
- Plain text: https://secwatch.observer/filing/0002015845-26-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.