Mistras Group Stock Hits 52-Week High - Here's Why
Mistras Group Inc. (NYSE: MG ) stock climbed Friday after the company agreed to be acquired by affiliates of H.I.G. Capital in an all-cash deal valued at about $866 million, including debt. H.I.G. Capital Offers $20.35 Per Share Under the agreement announced Friday, Mistras shareholders will receive $20.35 per share in cash. The offer represents premiums of about 8% and 13% to Mistras' 30-day and 90-day volume-weighted average share prices, respectively, through Sept. 17. The purchase price also represents a 61% increase from the stock's closing price on Dec. 31, 2025. Mistras CEO Natalia Shuman said H.I.G. Capital's investment reflects progress under the company's Vision2030 transformation. The strategy has focused on deeper customer relationships, expansion into high-growth markets and greater operating efficiency. The Mistras board unanimously approved the transaction. The deal is expected to close in late 2026 or early 2027, subject to shareholder approval, regulatory clearances and other customary conditions. Mistras Beat Second-Quarter Estimates Last month, the company reported second-quarter adjusted EPS of 28 cents, beating the 24-cent estimate. Revenue of $193.13 million a
Mistras Group Inc. G. Capital in an all-cash deal valued at about $866 million, including debt. G.
35 per share in cash. The offer represents premiums of about 8% and 13% to Mistras' 30-day and 90-day volume-weighted average share prices, respectively, through Sept. 17. The purchase price also represents a 61% increase from the stock's closing price on Dec.
31, 2025. G. Capital's investment reflects progress under the company's Vision2030 transformation. The strategy has focused on deeper customer relationships, expansion into high-growth markets and greater operating efficiency.
The Mistras board unanimously approved the transaction. The deal is expected to close in late 2026 or early 2027, subject to shareholder approval, regulatory clearances and other customary conditions. Mistras Beat Second-Quarter Estimates Last month, the company reported second-quarter adjusted EPS of 28 cents, beating the 24-cent estimate. 66 million estimate.
It raised its fiscal 2026 sales guidance to $740 million-$755 million from $730 million-$750 million. 02 million. The company ended June with $22 million in cash and equivalents. 1 million.
What Mistras Does Mistras provides asset protection services for critical energy, industrial and public infrastructure. Its services include inspection, nondestructive testing and engineering solutions designed to assess structural integrity and reliability. The company operates through North America, International, and Products and Systems segments, with North America accounting for most of its revenue. 88 at the time of publication on Friday.
The stock is trading at a new 52-week high, according to Pro data. Photo via Shutterstock Read Also: Tesla's Optimus Has a New Problem: Figure's Humanoid Is Getting Better at the Unknown