Added to YB: 2026-09-24
Pitch date: 2026-09-22
MG [bullish]
Mistras Group, Inc.
+0.58%
current return
Author Info
No bio for this author
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
$660.9M
Pitch Price
$20.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.58
P/E
25.23
EV/Sales
1.20
Sector
Professional Services
Category
special_situation
I remain long $MG.
MG: Remain long after HIG’s $20.35 buyout agreement transformed the position into a special situation. At roughly $20.75, downside appears limited because of the offer’s small premium to MG’s pre-deal price and projected earnings acceleration, while the 40-day go-shop could produce a higher bid: the Mistras family’s GRAT appears to expire at end-2027, favoring a timely close, and Mill Road’s options trading suggests it was outside the pre-signing sale process.
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