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IES Holdings completes USD 691 million DBM acquisition

PUBLIC · IESCOct 07, 2026

Acquiring Company

IES Holdings

Acquired Company

DBM Global

HoustonNew YorkConstructionBuilding MaintenanceCivil EngineeringConstructionBuilding MaintenanceBuilding MaterialCivil Engineering

Description

IES Holdings, Inc. announced the completion of its acquisition of DBM Global for USD 691 million. The deal included USD 545 million in cash and shares valued at USD 146 million. This acquisition aims to enhance IES's operations by integrating DBM's structural steel capabilities. The transaction positions IES to leverage DBM's substantial operating base in industrial construction.

Company Information

Company

IES Holdings

Location

Houston, Texas, United States

About

IES Holdings, Inc. provides a range of electrical contracting and maintenance services. The company operates across various sectors, including commercial and industrial. IES has a comprehensive portfolio of services including engineering, construction, and infrastructure development.

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Frequently asked

Who acquired DBM Global?

DBM Global was acquired by IES Holdings, based in Houston. The deal was reported on October 7, 2026. IES Holdings, Inc. provides a range of electrical contracting and maintenance services. The company operates across various sectors, including commercial and industrial. IES Holdings is publicly traded (IESC) and operates in Construction.

When did IES Holdings acquire DBM Global?

IES Holdings's acquisition of DBM Global was reported on October 7, 2026. IES Holdings, Inc. announced the completion of its acquisition of DBM Global for USD 691 million. The deal included USD 545 million in cash and shares valued at USD 146 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DBM Global do?

DBM Global Inc. is a parent company overseeing several subsidiaries engaged in construction and steel fabrication. Its subsidiaries include Banker Steel, a division focused on structural steel solutions, and NYC Constructors, a construction management firm. It is privately held, operating in Construction, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.