MG

The past six months saw MISTRAS Group's stock trend upwards by 23.26%. In September 2026, the company announced a definitive agreement to be acquired by affiliates of H.I.G. Capital in an all-cash deal valued at approximately $866 million, with shareholders receiving $20.35 per share, which led to a 5.7% jump in shares. The acquisition agreement included a 40-day 'go-shop' period until October 27, 2026, allowing the board to seek superior proposals. In August 2026, MISTRAS Group reported strong second-quarter results for 2026, beating EPS and revenue estimates, with adjusted EBITDA reaching a Q2 record, causing shares to surge 16.6% after-hours and leading to raised full-year 2026 guidance. This performance was driven by accelerating growth in aerospace and defense, power generation, and infrastructure, offsetting a decline in oil and gas revenue. The announcement of new U.S. field service locations in early September 2026, aimed at expanding its industrial asset integrity and testing footprint, saw shares decline modestly alongside broader industrials sector weakness.