IES Holdings (NASDAQ: IESC) agreed to acquire DBM Global from Vast Renewables (#VATE) for approximately $650 million in a cash-and-stock transaction. The deal includes $510 million in cash and approximately $140 million in IESC shares, expanding IES Holdings' infrastructure services and steel fabrication operations. Sector: Infrastructure / Industrial Services Key Highlights 💰 Deal valued at approximately $650 million 💵 Includes $510 million cash 📈 Approximately $140 million in IESC shares 🏗️ Expands IES Holdings' steel fabrication and infrastructure business 🤝 DBM Global to be acquired from Vast Renewables Why It Matters The acquisition expands IES Holdings' infrastructure footprint and strengthens its position in large-scale steel fabrication and construction services. Read More: https://www.thinksabio.com/reports/isr/IESC