Every 8-K that Limbach Hldgs Inc (LMB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LMB filings page.
Limbach Holdings, Inc. (LMB), through subsidiary Limbach Facility Services LLC, entered into a new Credit Agreement with PNC Bank and other lenders providing a senior secured credit facility of up to $300.0 million, maturing on September 9, 2031. The facility consists of a $200.0 million revolving credit facility (including a $20.0 million swingline subfacility and a $25.0 million letter of credit subfacility), a $50.0 million term loan, and a $50.0 million delayed draw term loan, with the ability to request additional commitments up to the greater of $150.0 million and 100% of Consolidated EBITDA, subject to conditions.
Loans bear interest at either a Base Rate plus 0.50%–1.50% or Term SOFR plus 1.50%–2.50%, with swingline loans at Daily SOFR plus 1.50%–2.50%, and a 0.20%–0.35% commitment fee on unused portions, all based on the Consolidated Net Leverage Ratio. The agreement is guaranteed by certain subsidiaries and secured by substantially all assets of the borrower and guarantors, and includes financial covenants requiring a maximum Consolidated Net Leverage Ratio of 3.00 to 1.00 (temporarily 3.50 to 1.00 in connection with certain acquisitions) and a minimum Consolidated Fixed Charge Coverage Ratio of 1.15 to 1.00. In connection with this new facility, the company terminated its prior $125.0 million Wintrust revolving facility and repaid approximately $118.1 million of principal using proceeds from the PNC facility; about $7.0 million of existing letters of credit remain supported by cash collateral until expiry or replacement.
Limbach Holdings, Inc. (LMB) closed the acquisition of Madison, Wisconsin-based MEP contractor 1901 Inc. for an initial purchase price of $63 million, funded with available cash and borrowings under its recently expanded revolving credit facility. The deal also includes up to $6 million in performance-based earn-outs over the next two years, contingent on specified performance targets.
The acquisition expands Limbach’s Midwest footprint and establishes its largest electrical operation, while adding mechanical, plumbing, controls, fabrication, service, and underground utility capabilities. 1901 brings about 450 employees, strengthening Limbach’s presence in healthcare, higher education, industrial, and cultural facilities and adding exposure to advanced manufacturing, life sciences, and technology. Limbach expects 1901 to contribute approximately $140 million of revenue and $11 million of adjusted EBITDA in 2027 and plans to apply its operating platform to deepen customer relationships, broaden services, and seek margin improvement.
Limbach Holdings, Inc. reported Q2 2026 results with total revenue up 21.9% to $173.5 million, driven largely by its Pioneer Power acquisition and strong Owner Direct Relationships. Bookings were $182.0 million, yielding a 1.1x book-to-bill ratio.
Profitability softened: gross margin declined to 21.5% from 28.0%, net income fell to $4.7 million from $7.8 million, and Adjusted EBITDA decreased to $13.9 million from $17.9 million, as lower-margin Pioneer Power work, reduced project write-ups and data-center labor and material competition weighed on margins. Operating cash flow improved to $18.7 million from $2.0 million.
The company raised its 2026 revenue outlook to $760–$790 million but reduced Adjusted EBITDA guidance to $78–$84 million, reflecting lower expected margins. Limbach also closed the $30.0 million acquisition of CYMCOR, a data-center–focused professional services firm the company expects to generate about $12 million of revenue and $4 million of Adjusted EBITDA in 2027.
Limbach Facility Services LLC, a wholly owned subsidiary of Limbach Holdings, Inc., entered into a Third Amendment to its Second Amended and Restated Credit Agreement with Wheaton Bank & Trust Company, N.A. and other lenders on July 24, 2026.
The amendment increases the aggregate principal amount of the senior secured revolving credit facility from $100.0 million to $125.0 million, reduces applicable margins for Term SOFR and Prime Rate revolving loans based on the Borrower’s Senior Leverage Ratio, and updates certain defined terms along with other related and conforming changes. The full amendment is provided as an exhibit to the report.
Limbach Holdings, Inc. reported the results of its 2026 annual stockholder meeting. Stockholders present in person or by proxy represented 10,432,247 common shares entitled to vote. They elected three Class A directors — Joshua S. Horowitz, Linda G. Alvarado and Terence P. Dugan — to serve until the 2029 annual meeting.
Stockholders approved on a non-binding basis the compensation of the company’s named executive officers and supported holding the say-on-pay vote every one year. They also ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Limbach Holdings, Inc. appointed Michael J. Reed as Executive Vice President and Chief Operating Officer, effective May 18, 2026. Reed, 56, is a long-time industry executive who has held several senior operational roles at Limbach since joining in 2019, including leading integrations and the Midwest region.
Under a promotion letter, his annual base salary increases to $425,000, with a $1,000 monthly vehicle allowance and a target bonus equal to 60% of base salary. He also receives an equity award under the Omnibus Incentive Plan with a grant date value of $91,896, split between time-based restricted stock units and market-based stock units, and is eligible for a 2027 equity award equal to 80% of then-current base salary. The company states there are no disclosable family relationships or related-party transactions involving Reed and furnishes a press release describing his role in driving operational excellence and growth.
Limbach Holdings reported first quarter 2026 revenue of $138.9 million, up 4.3% from $133.1 million, but profitability declined sharply. Net income fell to $4.4 million, or $0.36 per diluted share, from $10.2 million, or $0.85, as gross margin compressed from 27.6% to 22.4% and Adjusted EBITDA dropped to $8.7 million from $14.9 million.
Owner Direct Relationships revenue grew 10.4% to $99.8 million, while General Contractor Relationships revenue decreased 8.6% to $39.0 million, with acquisition-related revenue from Pioneer Power offsetting a 13.4% organic decline. Bookings were strong at $209.1 million, producing a 1.5x book-to-bill ratio and supporting management’s outlook.
The company ended March 31, 2026 with $15.8 million of cash and $32.4 million drawn on its revolving credit facility and reaffirmed full-year 2026 guidance for revenue of $730–$760 million and Adjusted EBITDA of $90–$94 million.
Limbach Holdings reported record fourth-quarter and full-year 2025 results, driven by strong growth in its Owner Direct Relationships (ODR) business and recent acquisitions. Fourth-quarter revenue rose 30.1% to $186.9 million, with ODR revenue up 51.8% to $145.0 million and accounting for 77.6% of total revenue. Quarterly net income increased to $12.3 million, or $1.02 per diluted share, and adjusted EBITDA grew 30.8% to $27.2 million.
For full-year 2025, revenue increased 24.7% to a record $646.8 million, with ODR revenue up 40.6% to $485.7 million, representing 75.1% of total revenue. Net income rose to a record $39.1 million, or $3.23 per diluted share, while adjusted EBITDA reached a record $81.8 million, up 28.4%. The company completed the strategic acquisition of Pioneer Power and other mechanical contractors, which contributed significantly to growth but reduced ODR gross margins as integration progresses.
Limbach announced a $50 million share repurchase authorization and issued 2026 guidance calling for revenue of $730–$760 million and adjusted EBITDA of $90–$94 million. Management is prioritizing ODR organic growth, margin expansion, continued acquisition-driven scaling, and disciplined capital allocation.
Limbach Holdings, Inc. announced that its board of directors has authorized a share repurchase program under which the company may buy back up to $50.0 million of its common stock through December 15, 2027.
The company may conduct repurchases from time to time using various methods, including open market and privately negotiated transactions or transactions under Rule 10b5-1 plans, in accordance with federal securities laws. The program does not require the company to repurchase any specific amount of stock and may be suspended or terminated at any time at the company’s discretion without prior notice.
Limbach Holdings, Inc. furnished materials related to its latest results and outlook. The company announced it issued a press release covering financial results for the quarter ended September 30, 2025, furnished as Exhibit 99.1.
Management also furnished an Investor Presentation as Exhibit 99.2, which includes updates on current operations, major projects, strategic plans, growth initiatives, outlook, and industry forecasts. The materials were provided under Item 7.01 (Regulation FD) and are deemed furnished, not filed, and include forward-looking statements as described on page 2 of the presentation.
Limbach Holdings, Inc. (NASDAQ: LMB) filed an 8-K (Item 7.01) on 7 Aug 2025 to furnish—rather than file—FAQs related to its recently completed acquisition of Pioneer Power, Inc. (PPI). The FAQs, attached as Exhibit 99.1 and posted on the investor-relations site, are intended to address employee, customer and stakeholder questions about the transaction’s expected impact. No purchase price, pro-forma financials, or updated guidance were disclosed, and the Company expressly states the material is not incorporated by reference into other SEC filings. Exhibit 104 contains the inline XBRL cover-page tags.
Because the 8-K is furnished under Regulation FD, it triggers no immediate Exchange Act liabilities, but it formally confirms that the PPI deal has closed and signals management’s effort to manage communications around the integration.
On June 27 2025, Limbach Facility Services LLC amended its Second A&R Wintrust Credit Agreement. The amendment doubles the senior-secured revolving credit facility from $50 million to $100 million, raises the letter-of-credit sub-limit to $20 million, and extends the maturity date from Feb 24 2028 to July 1 2030. It also lowers Term SOFR and Prime-rate margins based on the company’s senior leverage ratio, permits conversion of revolver borrowings into term-loan tranches, and removes certain borrowing-base covenants, thereby enhancing financial flexibility.
Separately, under Item 7.01, Limbach announced the closing of its acquisition of Pioneer Power, Inc. for an initial cash consideration of $66.1 million on July 1 2025. The purchase will be financed with available cash and drawdowns under the enlarged revolver.
The combined actions materially improve liquidity, reduce cost of capital and support inorganic growth, but they also increase leverage and integration risk as the company deploys additional debt to fund the transaction.