Limbach Holdings, Inc. has announced the acquisition of Pioneer Power, Inc. for a purchase price of $66.1 million. This acquisition, financed through a mix of available cash and borrowings from an expanded revolving credit facility, enhances Limbach's position as a leader in mission-critical mechanical and maintenance solutions in the Upper Midwest. The transaction includes the purchase of Pioneer Power's headquarters, warehouse, and fabrication facility, valued at approximately $4.6 million. Larry Stevens, Jr., President of Pioneer Power, expressed enthusiasm about joining Limbach, citing the access to greater resources that will benefit customers, employees, and stakeholders.