M&A/Shareholder vote/2026/Mistras Group, Inc.

Mistras Group, Inc. MG

Athena Purchaser, LLC is buying Mistras Group, Inc. (MG) for $20.35 cash a share. Athena Purchaser, LLC is backed by H.I.G. Capital, LLC. A global leader in technology-enabled industrial asset integrity and laboratory testing solutions, serving critical industries including oil and gas, aerospace and defense, power and utilities, manufacturing, and civil infrastructure.

Holders get
$20.35 cash
Deal value
Not given
Expected close
Not given
Status
Pending
Checked
See the filing →

Filed

The deal

Athena Purchaser, LLC, backed by H.I.G. Capital, LLC, is acquiring Mistras Group, Inc., a global leader in technology-enabled industrial asset integrity and laboratory testing solutions. MG holders will receive $20.35 per share of common stock, par value $0.01 per share, in cash, without interest and subject to any applicable withholding taxes.

The deal is expected to close after November 24, 2026. It requires HSR waiting period expiry, other required regulatory approvals, and nuclear regulatory licenses actions completed or confirmed as not required.

What has happened

Agreement signed · Mistras Group entered into an Agreement and Plan of Merger with Athena Purchaser, LLC, with holders to receive $20.35 per share in cash. · See the filing
Holders sent the terms and a meeting date

What must happen first

HSR waiting period expiry
Other Required Regulatory Approvals
Nuclear regulatory licenses actions completed or confirmed as not required

The board says

unanimously recommends that you vote "FOR" the Merger Proposal