INNOVATE Completes Sale of DBM Global to IES Holdings
NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP. ® (NYSE: VATE) (“INNOVATE”) announced today that it has completed the previously announced sale of DBM Global, Inc. (“DBMG”) to IES Holdings, Inc. (Nasdaq: IESC) (“IES”) pursuant to the Transaction Agreement (the “Agreement”) announced on August 10, 2026 (the “Transaction”).