Monitor ESOA's next 10-Q for the final purchase price allocation, any goodwill recorded, and the revenue contribution from FAMCO to assess whether the acquisition is accretive. The small deal size suggests limited near-term stock impact.
Price Chart
Executive Summary
Energy Services of America completed the acquisition of FAMCO, a West Virginia water and sewer utility contractor, for a base purchase price of $6.95 million in cash and stock. The deal is small relative to ESOA's $175M market cap and expands its water infrastructure capabilities. This is a routine bolt-on acquisition with limited immediate financial impact.
Key Financial Metrics
Key Facts
- Acquired substantially all operating assets of FAMCO, Inc., a water/sewer utility contractor.
- Base purchase price of $6.95 million, paid in cash and ESOA common stock.
- Deal closed October 23, 2026, with a portion of consideration withheld pending post-closing true-up.
- FAMCO adds workforce, equipment, and customer relationships in water and sewer infrastructure.
Financial Impact
Base purchase price of $6.95 million, representing approximately 4% of ESOA's $175M market cap. Consideration includes cash and stock; dilution from stock component is not quantified.
Risk Factors
- Integration risk with FAMCO's workforce and operations.
- Potential for post-closing purchase price adjustments to increase total cost.
- Dilution from stock component of consideration, though magnitude is likely small.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302918424 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $9.24 | awaiting T+60 | — | $9.43 (+2.06%) |
Oct 23, 2026 4d ago | Press Release | $9.24 | awaiting T+60 | — | $9.43 (+2.06%) |
Oct 1, 2026 26d ago | 8-K | $11.01 | awaiting T+60 | — | $9.43 (−14.35%) |
Oct 1, 2026 26d ago | Press Release | $11.01 | awaiting T+60 | — | $9.43 (−14.35%) |
Aug 10, 2026 11w ago | 8-K | $13.23 | awaiting T+60 | — | $9.43 (−28.72%) |
Jun 22, 2026 18w ago | Insider Buy | $17.89 $11.14 | ▼ −37.73% | ▼ −39.48% | $9.43 (−47.29%) |
Jun 2, 2026 21w ago | Insider Cluster | $15.30 $11.49 | ▲ +24.90% | ▲ +26.02% | $9.43 (+38.37%) |
May 29, 2026 21w ago | 144 | $15.11 $11.52 | ▲ +23.76% | ▲ +24.99% | $9.43 (+37.59%) |
May 28, 2026 21w ago | Insider Cluster | $14.93 $11.53 | ▼ −22.77% | ▼ −23.96% | $9.43 (−36.84%) |
May 27, 2026 21w ago | 144 | $16.42 $11.81 | ▼ −28.08% | ▼ −29.81% | $9.43 (−42.57%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers