Mistras Group go-shop ends with no rival bids for $20.35-per-share H.I.G. buyout
The 40-day go-shop period for Mistras Group's proposed all-cash sale to H.I.G. Capital affiliates expired at 11:59 p.m. ET on October 27, 2026, with no alternative acquisition proposals received. Shareholders will vote at a special meeting on November 24, 2026, and the deal is expected to close in late 2026 or early 2027, subject to stockholder approval and regulatory approvals.
Key points
- Go-shop expired 11:59 p.m. ET on October 27, 2026; no alternative proposals were received before expiration
- Financial advisor Robert W. Baird contacted or was contacted by 122 third parties, and 40 signed confidentiality agreements
- All-cash price of $20.35 per share, an enterprise value of about $866 million including debt, a premium of about 8% and 13% to 30- and 90-day VWAP
- Special meeting of stockholders to be held virtually on November 24, 2026; closing expected late 2026 or early 2027
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.