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Deal closed Jul 2025 · Woodbury, Minnesota Verified

Limbach Acquires Pioneer Power, Inc.

Limbach Holdings, Inc. announced the closing of the acquisition of Woodbury, Minnesota-based mechanical contractor Pioneer Power, Inc. for an initial purchase price of $66.1 million, paid through a combination of available cash and the company's revolving credit facility.

“On July 1, 2025, Limbach Holdings, Inc. (the “Company”) issued a press release announcing the closing of the acquisition of Woodbury, Minnesota-based mechanical contractor, Pioneer Power, Inc., for an initial purchase price at closing of $66.1 million to be paid through a combination of available cash and the Company’s revolving credit facility.”

Entities

Limbach Holdings, Inc. · Acquirer Pioneer Power, Inc. · Target
HVAC Sentiment: Neutral

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