IES Holdings (IESC) Company Overview

BLOOMFIELD HILLS, Mich. , Feb. 7, 2025 /PRNewswire/ -- Woodward Park Partners is pleased to announce that IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC) has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ: TRS).

HOUSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended December 31, 2024.

HOUSTON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (“IES”) (NASDAQ: IESC) announced that it has acquired Arrow Engine Company (“Arrow”), a Tulsa, Oklahoma-based provider of engines, generator sets, compressors, and replacement parts primarily for the natural gas production market, from TriMas Corporation. The acquisition includes Arrow's owned manufacturing facility in Tulsa, which consists of 130,000 square feet of manufacturing space. Arrow, with estimated calendar year 2024 revenue of $20 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Arrow name.

HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2025 first quarter results before the market opens on Tuesday, February 4, 2025.

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) has announced changes to its Credit and Security Agreement, raising the revolving credit facility from $150 million to $300 million and extending the maturity date to January 21, 2030. The new agreement also shifts the Company to a cash flow-based facility, allowing for greater borrowing capacity than the previous asset-based structure, which was limited by collateral. Wells Fargo Bank, National Association served as the Administrative Agent, with Wells Fargo Securities, LLC and Fifth Third Bank, National Association acting as lead arrangers.

CB&I has successfully completed an all-cash equity acquisition by a group of financial investors led by Mason Capital Management LLC, along with IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and others. This deal allows CB&I, which was previously a subsidiary of McDermott International, to operate as a strong, independent company without any funded debt. The acquisition sets the stage for CB&I's long-term growth in the energy and industrial markets.

HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (also known as "IES" or the "Company") (NASDAQ: IESC) has announced that it will share its financial results for the fourth quarter and the entire fiscal year of 2024 before the market opens on Friday, November 22, 2024.

HOUSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (also known as "IES" or the "Company") (NASDAQ: IESC) has announced that John Louis Fouts has been appointed to its Board of Directors, starting from September 23, 2024.

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (also known as "IES" or the "Company") (NASDAQ: IESC) has released its financial results for the quarter that ended on June 30, 2024.