Sterling Infrastructure - M&A Summary and Business Overview

ConstructionCompany

Sterling Infrastructure M&A Summary

Sterling Infrastructure has acquired 6 companies, including 5 in the last 5 years.

Sterling Infrastructure’s largest acquisition to date was in 2019, when it acquired Plateau Excavation for $400M. Sterling Infrastructure has acquired in 5 different US states. The Company’s most targeted sectors include construction (100%).

Sterling Infrastructure Business Overview

Where is Sterling Infrastructure headquartered?

Sterling Infrastructure is headquartered in The Woodlands, Texas.

What is Sterling Infrastructure’s revenue?

Sterling Infrastructure disclosed revenue of 1,972M USD for 2023 and 1,769M USD for 2022.

How many employees does Sterling Infrastructure have?

Sterling Infrastructure has 3,000 employees.

What sector is Sterling Infrastructure in?

Sterling Infrastructure is a construction company.

When was Sterling Infrastructure founded?

Sterling Infrastructure was founded in 1955.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

Sterling Infrastructure

Sterling Infrastructure, Inc.

1800 Hughes Landing Boulevard, Suite 250,
The Woodlands, Texas 77380
United States,
(281) 214-0800
www.strlco.com

Sterling Infrastructure is a heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Colorado, Arizona, California, Hawaii, and other states in which there are construction opportunities. Sterling Infrastructure was founded in 1955 and is based in The Woodlands, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 2 - 1 2 1 - 6
vol $485M $8M $217M $50M $760M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Professional Plumbers Group 2023-11-16 50M USD Add-on Acquisition
Wylie, Texas
Concrete Construction Services of Arizona LLC 2022-12-20 22M USD Add-on Acquisition
Phoenix, Arizona
Petillo, Inc. 2022-01-05 195M USD Add-on Acquisition
Flanders, New Jersey · www.petillo.com
Kimes & Stone Construction Co. 2021-12-28 8M USD Add-on Acquisition
Booneville, Mississippi
Plateau Excavation, Inc. 2019-08-14 400M USD Add-on Acquisition
Austell, Georgia · www.plateauexcavation.com
Tealstone Construction 2017-03-09 85M USD Add-on Acquisition
Garland, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Construction 6 (100%) 760M (100%) - -
Total 6 $760M - -

By Geo

State/Country Buy Value Sell Value
United States 6 760M - -
  Texas 2 135M - -
  New Jersey 1 195M - -
  Mississippi 1 8M - -
  Georgia 1 400M - -
  Arizona 1 22M - -
Total 6 $760M - -

Top M&A Advisors

Financial Deals
Stifel, Nicolaus & Co., Inc.
1
Legal Deals
Jones Walker
1

Deal Values

buy # Total
$100M to $1B 2 $595M
< $100M 4 $165M
TOTAL $760M
Largest Plateau Excavation, Inc.
$400M (2019-08-14)

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