Add-on Acquisition • Utilities

Centuri Acquires CAUS

On November 19, 2025, Centuri acquired utilities company CAUS

Acquisition Context

This is Centuri’s 1st transaction in the Utilities sector.
This is Centuri’s 1st transaction in Canada.
This is Centuri’s 1st transaction in Nova Scotia.

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M&A Deal Summary
Date	November 19, 2025
Target	CAUS
Sector	Utilities
Buyer(s)	Centuri
Deal Type	Add-on Acquisition

Target Company

CAUS

Bedford, Nova Scotia, Canada

CAUS is a utility-services contractor specialising in transmission and distribution maintenance, emergency restoration, substations, underground systems and renewable-energy projects. CAUS was founded in 2001 and is headquartered in Bedford, Nova Scotia.

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Buyer Overview 1

Buyer

Centuri

Phoenix, Arizona, United States

Category	Company
Founded	2014
Sector	Utilities
Employees	8,687
Revenue	2.6B USD (2024)

DESCRIPTION

Centuri is a utility-infrastructure services company that partners with regulated electric, natural-gas and renewable-energy utilities to build, maintain and upgrade their networks. Centuri provides capabilities spanning electric transmission and distribution, natural-gas pipelines, underground infrastructure, renewable-energy systems (such as battery-energy storage), and storm-restoration services. Centuri was founded in 2014 and is based in Phoenix, Arizona.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Utilities	1 of 1
Type: Add-on Acquisition	1 of 1
State: Nova Scotia	1 of 1
Country: Canada	1 of 1
Year: 2025	1 of 1

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