Everus Acquires SE&M, Leading Contractor in Southeast Region
Everus Construction Group, Inc. (ECG)
Company Research
Source: Business Wire
Further Diversifies Revenue Mix With Leading Position in Industrial, Pharmaceutical End MarketsExpands Mechanical Services Offering in Attractive Southeast RegionFavorable Margin Profile and Strong Backlog Trend BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) announced today that it has acquired SE&M Constructors, Inc., SE&M of the Triangle, Inc. and SECO Rentals, LLC (collectively SE&M).SE&M, founded in 1923 and headquartered in Elm City, North Carolina, provides mechanical, electrical and plumbing services to customers across a variety of sectors, including pharmaceutical, complex industrial and health care. SE&M generates approximately 65% of its revenue from mechanical services, with critical expertise in advanced industrial construction processes that require strict quality control. Led by an experienced management team, SE&M has more than 200 skilled craft laborers who enable the company to deliver on highly specialized and complex projects.SE&M provide
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News
- Everus Construction Group (ECG) was given a new $153.00 price target by Stifel Nicolaus.MarketBeat
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- Is It Too Late To Consider Everus Construction Group (ECG) After A 183% One-Year Rally? [Yahoo! Finance]Yahoo! Finance
- Zacks Value Trader Highlights: Everus Construction, Sterling and Flowserve [Yahoo! Finance]Yahoo! Finance
- A Look At Everus Construction Group (ECG) Valuation After Strong Results And Optimistic 2026 Revenue Guidance [Yahoo! Finance]Yahoo! Finance
ECG
Earnings
- 2/24/26 - Beat
ECG
Sec Filings
- 4/2/26 - Form 8-K
- 3/27/26 - Form ARS
- 3/27/26 - Form DEFA14A
- ECG's page on the SEC website