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Stock impact report

IES Holdings Completes Acquisition of Gulf Island Fabrication

IES Holdings, Inc. (IESC) 
US:NASDAQ Investor Relations: ies-corporate.com/stock-quote
Company Research Source: GlobeNewswire
HOUSTON, Jan. 16, 2026 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (“IES”) (NASDAQ: IESC) today announced the closing of its previously announced acquisition of Gulf Island Fabrication, Inc. (“Gulf Island”), a leading steel fabricator and service provider to the industrial, energy and government sectors. The merger will become effective at 3:15 PM CT today, and at that time Gulf Island will become part of IES’s Infrastructure Solutions segment, where it will continue to support Gulf Island’s existing customers and add capacity for IES’s custom engineered solutions, including generator enclosures and related power products. The closing of IES’s acquisition of Gulf Island includes all of the issued and outstanding common stock of Gulf Island for $12 per share in cash, representing an aggregate equity value of approximately $192 million and an enterprise value of approximately $152 million, including approximately $40 million of cash. “The acquisition of Gulf Island advances our strategy Show less Read more
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