Added to YB: 2026-09-25
Pitch date: 2026-09-22
MG [neutral]
Mistras Group, Inc.
+2.69%
current return
Author Info
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Company Info
Mistras Group, Inc. provides technology-enabled industrial asset integrity and laboratory testing solutions in the United States, Europe, the Middle East, Africa, Asia, and South America.
Market Cap
$664.7M
Pitch Price
$20.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.62
P/E
25.37
EV/Sales
1.20
Sector
Professional Services
Category
special_situation
$MG: a 40-day go-shop, a half-price break fee, and the biggest outside holder selling calls into it
MG (overview): Mistras’ $20.35 cash sale to H.I.G. includes an unusually credible 40-day go-shop through October 27 and a halved $13.75M break fee for an in-window superior bid, supporting bump optionality. Yet shares closed at $20.75, already 2% above the fully financed deal, while largest outside holder Mill Road capped 580,000 shares of upside at $25; absent a rival, the premium likely evaporates.
Read full article (3 min)