MISTRAS Group To Be Taken Private By H.I.G. Capital In $866 Mln All-cash Deal

MISTRAS Group (MG), a provider of technology-enabled industrial asset integrity and laboratory testing services, entered into a definitive agreement to be acquired by affiliates of private-equity firm H.I.G. Capital. The article did not disclose transaction value, per-share consideration, timing, or closing conditions. The deal is a positive company-specific catalyst for MISTRAS, subject to customary transaction completion risks.