{"id":95863,"date":"2026-09-18T08:20:27","date_gmt":"2026-09-18T12:20:27","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/h-i-g-agreed-to-acquire-mistras-group-for-20-35-per-share.html"},"modified":"2026-09-18T08:20:27","modified_gmt":"2026-09-18T12:20:27","slug":"h-i-g-agreed-to-acquire-mistras-group-for-20-35-per-share","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/h-i-g-agreed-to-acquire-mistras-group-for-20-35-per-share.html","title":{"rendered":"H.I.G. Agreed to Acquire MISTRAS Group for $20.35 Per Share:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-18-mistras-hero.jpg\" alt=\"H.I.G. Agreed to Acquire MISTRAS Group for $20.35 Per Share:\" \/><\/p>\n<p>HedgeCo.Net \u2014 MISTRAS Group, Inc. (NYSE: MG) entered a definitive agreement to be acquired by affiliates of H.I.G. Capital for $20.35 per share in cash, according to a company release carried via StockTitan \/ GlobeNewswire and MarketScreener coverage around September 18, 2026. The all-cash deal implies an enterprise value of about $866 million including debt. The price represents premiums of roughly 8% and 13% to the 30-day and 90-day volume-weighted average prices ended September 17, and the MISTRAS board unanimously approved the transaction.<\/p>\n<p>Closing is expected in late 2026 or early 2027, subject to stockholder and regulatory approvals. Shareholders representing about 31% of voting power have entered support agreements, and the merger agreement includes a 40-day go-shop period running through October 27, 2026. H.I.G. manages about $75 billion of capital. MISTRAS provides industrial asset-integrity and nondestructive testing services.<\/p>\n<p>This is a signed take-private pending closing and go-shop, not a completed delisting. Mark the $20.35 per share cash price, ~$866 million EV including debt, the 8%\/13% VWAP premiums, the ~31% voting support, the Oct 27 go-shop, and the late-2026\/early-2027 timing as sourced. Do not invent EBITDA multiples or financing sources beyond the published tape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 MISTRAS Group, Inc. (NYSE: MG) entered a definitive agreement to be acquired by affiliates of H.I.G. Capital for $20.35 per share in cash, according to a company rele\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/h-i-g-agreed-to-acquire-mistras-group-for-20-35-per-share.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[19298,19557,19556,19558,18870],"class_list":["post-95863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-h-i-g-capital","tag-industrial-testing","tag-mistras","tag-nyse-mg","tag-take-private"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95863"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95862"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}