Limbach Acquires CYMCOR for $30M; Updates FY26 Guidance

Limbach Holdings, Inc. announced the acquisition of CYMCOR, Inc. for $30 million, aiming to expand its data center services and generate high-margin professional services revenue. CYMCOR is projected to add $12 million in revenue and $4 million in Adjusted EBITDA in 2027. Concurrently, the company reported Q2 2026 financial results, with total revenue increasing 21.9% to $173.5 million, but net income falling 38.8% to $4.7 million and Adjusted EBITDA decreasing 22.3% to $13.9 million, primarily due to project timing and price sensitivity. Limbach updated its full-year 2026 guidance, increasing revenue expectations to $760 million - $790 million but revising Adjusted EBITDA guidance downwards to $78 million - $84 million.