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Everus to acquire Epsilon Industries for $295 million

PUBLIC · ECGJul 31, 20269 days ago

Acquiring Company

Everus Construction Group

Acquired Company

WORQ

MalaysiaConstructionBuilding MaintenanceCivil Engineering

Description

Everus Construction Group has announced a definitive agreement to acquire Epsilon Industries for $295 million in cash. Epsilon is a leading designer and manufacturer of modular building infrastructure systems. The acquisition aims to enhance Everus' capabilities in off-site construction solutions across North America. This strategic move is expected to bolster Everus' position in the industry.

Company Information

Company

Everus Construction Group

About

Everus Construction Group, Inc. is a construction company based in Bismarck, North Dakota. The company is involved in various construction projects and services. It trades its stock on the New York Stock Exchange under the symbol ECG. Everus aims to deliver high-quality construction solutions to its clients.

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Strategic

ML-powered predictions for Everus Construction Group's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Everus Construction Group. The deal was reported on July 31, 2026. Everus Construction Group, Inc. is a construction company based in Bismarck, North Dakota. The company is involved in various construction projects and services. Everus Construction Group is publicly traded (ECG) and operates in Construction.

When did Everus Construction Group acquire WORQ?

Everus Construction Group's acquisition of WORQ was reported on July 31, 2026. Everus Construction Group has announced a definitive agreement to acquire Epsilon Industries for $295 million in cash. Epsilon is a leading designer and manufacturer of modular building infrastructure systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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