EL7.AI
Mergers & AcquisitionsMedium•18 September 2026•
1 min read

MISTRAS Group to be Acquired by H.I.G. Capital in $866 Million Cash Deal

Key Facts

1Mistras Group entered into a definitive agreement to be acquired by H.I.G. Capital in an all-cash transaction.
2The transaction represents an enterprise value of approximately $866 million, including outstanding debt.
3Shareholders will receive $20.35 in cash for each share of Mistras Group common stock.

In a move reflecting increased M&A activity within the industrial services sector, MISTRAS Group has entered into a definitive agreement to be acquired by H.I.G. Capital. Under the terms of the all-cash transaction, shareholders will receive $20.35 in cash for each share of MISTRAS Group common stock. The deal represents an enterprise value of approximately $866 million, which includes the company's outstanding debt.

Per market data, the stock MG closed at $19.84 on September 17, 2026, indicating that the $20.35 offer price provides a premium over recent closing levels. The acquisition aims to transition MISTRAS Group into a private entity under the ownership of H.I.G. Capital, leveraging the global investment firm's extensive resources to support the company's next phase of growth.

At the close of September 17, 2026, MG was priced at $19.84, having traded between a day high of $20.4 and a low of $19.59. While the economic calendar shows recent high-impact inflation data from the US, the primary catalyst for MG shares moving forward will be the progress toward closing this definitive merger agreement.