# Limbach Holdings acquires Jake Marshall for $20M

Limbach Holdings, an integrated building systems solutions firm, has closed the acquisition of Chattanooga, TN-based specialty mechanical contractor Jake Marshall for an enterprise value of $20 million in an all-cash transaction. The deal closed on December 3, 2021.

- Type: Acquisition
- Announced: 2021-12-03
- Where: Chattanooga, Tennessee, United States
- Value: $20.0M
- Status: completed
- Products: mechanical construction, fabrication, millwright services, HVAC systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Limbach Holdings, Inc.](https://endata.com/companies/36757.md) (acquirer)
- [Jake Marshall](https://endata.com/companies/59409.md) (target)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/Limbach+Holdings+%28LMB%29+Acquires+Jake+Marshall+for+%2420M+Cash/19306197.html), 2021-12-03: "This is a highly strategic acquisition that we expect will be immediately accretive to our bottom-line profitability with significant upside potential."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.