06:22 AM EDT, 05/27/2025 (MT Newswires) -- Mayville Engineering ( MEC ) said Tuesday it it will acquire Accu-Fab, a metal fabrication firm serving major original equipment manufacturers, from Tide Rock for $140.5 million.

The company said the transaction, expected to close in Q3, would be immediately accretive to its adjusted EBITDA, margin, and earnings.

Mayville Engineering ( MEC ) said the deal will be funded through its existing credit facility, with additional commitments from Wells Fargo and JPMorgan Chase.

The deal is expected to result in Accu-Fab contributing $28 million to $32 million in 2025 sales and $6 million to $8 million in adjusted EBITDA, plus $3 million to $5 million in revenue synergies over the next two years, the company said.