Monitor the go-shop process through October 27, 2026, for any superior proposals. Stockholder vote and regulatory approvals are the key remaining hurdles; the 31% committed support reduces deal risk. Post-close, the stock will be delisted, so near-term trading should converge toward the $20.35 offer price.
Price Chart
Executive Summary
MISTRAS Group has entered into a definitive agreement to be acquired by H.I.G. Capital in an all-cash transaction valued at approximately $866 million enterprise value, including outstanding debt. Stockholders will receive $20.35 per share in cash, representing premiums of ~8% and ~13% to the 30- and 90-day VWAP, respectively. The transaction is expected to close in late 2026 or early 2027, subject to stockholder and regulatory approvals, with a 40-day go-shop period.
Key Financial Metrics
Key Facts
- All-cash acquisition by H.I.G. Capital at $20.35 per share
- Enterprise value of approximately $866 million including outstanding debt
- Premium of ~8% and ~13% to 30- and 90-day VWAP, respectively
- 61% price appreciation since December 31, 2025
- Board unanimously approved; holders of ~31% of common stock have agreed to vote in favor
- 40-day go-shop period expiring October 27, 2026
- Expected close in late 2026 or early 2027
- Stock will no longer be listed on NYSE upon completion
Financial Impact
$20.35 per share cash consideration; ~$866 million enterprise value
Risk Factors
- Stockholders may not approve the transaction
- A superior proposal could emerge during the go-shop period, potentially terminating the H.I.G. deal
- Regulatory approvals may not be obtained on the expected timeline or at all
- Stockholder litigation could delay or impose costs on the transaction
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3364639 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $21.44 | awaiting T+20 | — | $21.24 (−0.93%) |
Oct 15, 2026 11d ago | PREM14A | $21.46 | awaiting T+20 | — | $21.24 (−1.03%) |
Oct 7, 2026 19d ago | SC 13D/A | $20.70 | awaiting T+20 | — | $21.24 (+2.61%) |
Sep 18, 2026 5w ago | SC 13D/A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
Sep 18, 2026 5w ago | DEFA14A | $20.99 $21.44 | ▲ +2.14% | ▲ +3.05% | $21.24 (+1.19%) |
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