M&A - Mayville Engineering Company, Inc.

Form Type: 8-K

Filing Date: 2025-07-01

Corporate Action: Acquisition

Type: New

Accession Number: 000155837025009027

Filing Summary: On July 1, 2025, Mayville Engineering Company, Inc. completed the acquisition of all issued and outstanding limited liability company interests of Accu-Fab, LLC. The acquisition was executed according to the Purchase Agreement dated May 23, 2025, among Mayville Engineering, Accu-Fab, and Tide Rock YieldCo, LLC. Accu-Fab is recognized as a manufacturing partner that specializes in technology-driven metal fabrication solutions, catering primarily to major OEMs in the power infrastructure, data center, and renewable energy sectors. The total consideration for the acquisition was $140.5 million, subject to customary adjustments including a net working capital adjustment, financed through borrowing from an existing $350 million credit agreement. The initial financial statements and pro forma financial information for Accu-Fab are set to be filed by September 17, 2025.

Form Type: 8-K

Filing Date: 2025-05-27

Corporate Action: Acquisition

Type: New

Accession Number: 000155837025008164

Filing Summary: On May 23, 2025, Mayville Engineering Company, Inc. entered into a Purchase Agreement to acquire all issued and outstanding limited liability company interests of Accu-Fab, LLC for a total consideration of $140.5 million. Accu-Fab is noted for providing advanced metal fabrication solutions and serves major companies in critical infrastructure sectors. The acquisition has been approved by Mayville's Board of Directors and is expected to close in Q3 2025, pending customary closing conditions including regulatory approvals and performance of obligations under the agreement. The financing of the acquisition will utilize cash on hand and existing credit facilities. The Purchase Agreement outlines various representations, warranties, and covenants from both parties, and includes terms for operation by Accu-Fab during the interim period.