Limbach Holdings, Inc. entered into a new $300 million credit facility with PNC Bank on September 9, 2026, replacing its existing agreement with Wintrust Financial Corporation. The new facility consists of a $200 million revolving credit line, a $50 million term loan, and a $50 million delayed draw term loan, maturing in September 2031. Limbach used proceeds from the new facility to repay approximately $118.1 million in outstanding principal under the previous Wintrust Credit Agreement, with no early termination penalties incurred. The company must maintain a maximum Consolidated Net Leverage Ratio of 3.00 to 1.00 and a minimum Fixed Charge Coverage Ratio of 1.15 to 1.00. Limbach Holdings operates in the building infrastructure services industry.

Limbach Holdings, Inc. closed its acquisition of Madison, Wisconsin-based mechanical contractor 1901 Inc. for an initial purchase price of $63 million, funded through available cash and borrowings under the company's expanded revolving credit facility. The transaction includes performance-based earnouts of up to $6 million payable over two years upon achievement of specified targets. 1901 brings approximately 450 employees and is expected to contribute roughly $140 million in revenue and $11 million in adjusted EBITDA for the full year 2027. This acquisition expands Limbach's Midwest presence, establishing its largest electrical operation to date and adding capabilities across mechanical, plumbing, controls, fabrication, service, and underground utility solutions. Limbach Holdings, Inc. is a building systems solutions firm that designs, delivers, and maintains mechanical, electrical, plumbing, and controls infrastructure for mission-critical facilities.

Limbach Holdings, Inc. reported second quarter 2026 financial results and announced the closing of its acquisition of CYMCOR, Inc., a professional services firm specializing in data center program management, for an initial purchase price of $30.0 million funded via cash and its revolving credit facility. For the quarter ended June 30, 2026, total revenue increased 21.9% to $173.5 million from $142.2 million in the prior year period, driven by a full quarter of contribution from the July 2025 Pioneer Power acquisition. Net income decreased 38.8% to $4.7 million ($0.39 diluted EPS) compared to $7.8 million ($0.64 diluted EPS), while adjusted EBITDA fell 22.3% to $13.9 million from $17.9 million, primarily due to lower gross margins at Pioneer Power and competitive pressures in data center markets. The company raised its full year 2026 revenue guidance to $760 million–$790 million from $730 million–$760 million and revised adjusted EBITDA guidance down to $78 million–$84 million from $90 million–$94 million. Limbach Holdings, Inc. operates in the building systems solutions industry, designing, delivering, and maintaining mechanical, electrical, plumbing, and controls infrastructure for mission-critical facilities.