Everus Construction acquires SE&M Constructors for $158 million

Everus Construction

Everus Construction

ECG

0.00
  • Everus Construction Group acquired SE&M Constructors, SE&M of the Triangle, SECO Rentals for USD 158 million, funded with cash on hand.
  • Transaction includes earnout option capped at 8% of purchase price, tied to post-acquisition performance targets.
  • SE&M, founded in 1923 and based in Elm City, North Carolina, provides mechanical, electrical, plumbing services across pharmaceutical, industrial, health care customers.
  • In fiscal 2025, SE&M generated USD 109 million revenue; EBITDA margin ran in high teens.
  • Deal expands Everus mechanical services footprint in Southeast; expected pro forma net leverage 0.8x.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everus Construction Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604020815BIZWIRE_USPR_____20260402_BW573975) on April 02, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.