MG

Over the past six months, MISTRAS Group's stock experienced significant events, including an announcement on September 18, 2026, of a definitive agreement to be acquired by affiliates of H.I.G. Capital for approximately $866 million. Stockholders will receive $20.35 per share, representing premiums of 8% and 13% to the 30 and 90-day volume-weighted average share price, respectively, and a 61% price appreciation since December 31, 2025. The transaction is expected to close in late 2026 or early 2027, with a 40-day 'go-shop' period expiring October 27, 2026. Prior to this, the stock saw a 1-year change of +111.1% from September 18, 2025, to September 18, 2026, with the price increasing from $9.55 to $19.54 per share. In August 2026, the company raised its full-year 2026 guidance after a strong Q2, driven by demand in aerospace, infrastructure, and power, and also announced the acceleration of its AI and digital innovation strategy.