MISTRAS agrees to an $866 million take-private transaction
MISTRAS ($MG) agreed to be acquired by affiliates of H.I.G. Capital for $20.35 per share in cash. The transaction has an enterprise value of approximately $866 million, including debt, and was unanimously approved by the board. Shareholders representing roughly 31% of voting power have committed to support the deal. The agreement includes a 40-day period during which MISTRAS can solicit alternative proposals. Completion is expected in late 2026 or early 2027, subject to shareholder approval and
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