On September 1, 2026, Everus Construction Group entered into a First Amendment to its Credit Agreement with JPMorgan Chase Bank. The amendment refinances existing senior secured first lien term loans and increases the aggregate principal amount by $200.0 million to a total of $477.5 million. It also increases revolving credit commitments by $125.0 million to a total commitment of $350.0 million. Borrowings now bear interest at Term SOFR plus 1.75% to 2.50%, or Base Rate plus 0.75% to 1.50%, representing more favorable pricing than the previous agreement. Proceeds from the new term loans will refinance existing debt, fund the previously announced acquisition of Epsilon Industries, and cover related fees and working capital needs. Everus Construction Group operates in the construction industry.

Everus Construction Group completed its acquisition of Epsilon Industries for $295 million in cash on September 1, 2026. The transaction expands Everus's off-site modular construction capabilities and geographic reach into data center, advanced manufacturing, and healthcare markets. Epsilon will operate under the leadership of President Chris Wiederick. Funding was provided through existing cash reserves and credit facility borrowings. Everus plans to incorporate Epsilon's financial impact into its full-year 2026 forecast during third-quarter earnings reporting. The company operates in the construction industry, providing electrical, mechanical, transmission, and distribution contracting services.

Everus Construction Group reported second quarter 2026 results with revenues of $1.23 billion, up 33.7% year-over-year, and diluted earnings per share of $1.64, a 59.2% increase. Net income rose to $83.9 million with an EBITDA margin expansion to 10.4%. The company raised its full-year guidance, now expecting revenues between $4.5 billion and $4.7 billion and EBITDA between $410 million and $425 million. Backlog reached a record $4.55 billion, up 52.8% from the prior year period. Everus Construction Group operates in the construction services industry, providing electrical, mechanical, transmission, and distribution contracting.

Everus Construction Group, Inc. entered into a definitive agreement to acquire Epsilon Industries for $295 million in cash, subject to customary adjustments. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals and other conditions. Everus will fund the acquisition using cash on hand and borrowings under its credit facilities. Epsilon is a designer and manufacturer of modular mechanical and electrical building infrastructure systems with an expected 2026 revenue of approximately $250 million. The deal aims to enhance Everus' off-site construction capabilities, expand geographic reach into Florida, Texas, the Mid-Atlantic, and the Northeast, and increase exposure to data center, advanced manufacturing, and healthcare markets. Everus Construction Group provides electrical, mechanical, transmission, and distribution contracting services across the United States.