IES Holdings, Inc. (IESC)

NGM – Real Time Price. Currency in USD

787.22

+7.22 (0.93%)

Market open: Aug 12, 2026, 12:15 PM EDT

786.34

+6.34 (0.81%)

Previous after-hours: Aug 11, 2026, 7:48 PM EDT

10.08.2026

IES Holdings to Acquire DBM Global

HOUSTON, Aug. 10, 2026 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (“IES”) (NASDAQ: IESC) today announced that it has entered into a definitive agreement to acquire DBM Global Inc. (“DBM Global”), a vertically integrated structural steel fabrication, erection and industrial services platform, from INNOVATE Corp. (“INNOVATE”) (NYSE: VATE) (the “Transaction”). The consideration for DBM Global, including minority interests, is approximately $650 million, comprised of cash and shares of IES common stock.

10.08.2026

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE: VATE) (“INNOVATE”) announced today that it has entered into a Transaction Agreement (the “Agreement”) pursuant to which IES Holdings, Inc. (Nasdaq: IESC) (“IES”) will acquire DBM Global, Inc. (“DBMG”) for cash and stock consideration valued at $650 million (the “Transaction”).

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10.08.2026

IES Holdings to Acquire DBM Global

10.08.2026

IES Holdings, Inc. (IESC)

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IES Holdings, Inc. (IESC)

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

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IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

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IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

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IES Holdings, Inc. (IESC)

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IES Holdings, Inc. (IESC)

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

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Press releases

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings

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No Data

Press releases

IES Holdings to Acquire DBM Global

INNOVATE Agrees to $650 Million Sale of DBM Global to IES Holdings