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LMB - Limbach Holdings: Assessing Its Rebalancing Objectives
January, 26 2024 03:00 AM
Limbach Holdings Inc.
2024-01-26 03:00:35 ET
Summary Limbach Holdings has acquired Industrial Air LLC for $13 million, aiming to integrate its ODR-heavy model with Limbach's own ODR segment. The acquisition helps Limbach expand its geographical footprint in the Carolinas and the East Coast. The company's focus on ODR and balanced segment mix has contributed to better growth, but volatility in cash flow remains a concern.
Investment Thesis Preview For further details see:
Limbach Holdings: Assessing Its Rebalancing Objectives
Stock Information
Company Name:
Limbach Holdings Inc.
Stock Symbol:
LMB
Market:
NASDAQ
Website:
ir.limbachinc.com
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