M&A
confidence high
sentiment positive
materiality 0.75
Everus to acquire Epsilon Industries for $295M cash, expanding modular construction
Everus Construction Group, Inc.
- Acquisition price $295M in cash, funded from cash on hand and credit facilities.
- Epsilon expects 2026 revenue of ~$250M with low-double-digit EBITDA margin.
- Transaction expected to close in Q3 2026, subject to regulatory approvals.
- Epsilon's president Chris Wiederick and key leadership to remain post-close.
- Deal enhances Everus' off-site modular capabilities and geographic reach in data center, advanced manufacturing, healthcare.