Limbach Holdings, Inc. (Nasdaq: LMB) ("Limbach," or the "Company"), a building systems solutions firm that partners with building owners and operators of mission-critical mechanical, electrical, plumbing, and controls ("MEPC") infrastructure, today announced that it has acquired CYMCOR, Inc. ("CYMCOR"), a professional services firm specializing in program management, commissioning oversight, and strategic consulting for hyperscale, colocation, enterprise, and mission-critical data center clients. These capabilities also extend to other technically demanding markets, including healthcare.
The acquisition was completed for a purchase price of $30 million (subject to customary post-closing adjustments) and was funded through a combination of cash on hand and borrowings under the Company's recently expanded revolving credit facility.
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