Add-on Acquisition • Utilities

CST Utilities Acquires Precise Boring of Ohio

On June 24, 2024, CST Utilities acquired utilities company Precise Boring of Ohio

Acquisition Context
  • This is CST Utilities’ 1st transaction in the Utilities sector.
  • This is CST Utilities’ 1st transaction in the United States.
  • This is CST Utilities’ 1st transaction in Ohio.

Explore All 450 Add-on Acquisition Utilities Deals - Search the Database Free


M&A Deal Summary

Date June 24, 2024
Target Precise Boring of Ohio
Sector Utilities
Buyer(s) CST Utilities
Deal Type Add-on Acquisition

Target Company

Precise Boring of Ohio

Lancaster, Ohio, United States
Precise Boring of Ohio provides essential utility services including electricity, water, and natural gas across the state of Ohio. Precise Boring of Ohio is based in Lancaster, Ohio.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

CST Utilities

Grove city, Ohio, United States

Category Company
Founded 1969
Sector Utilities
DESCRIPTION

CST Utilities is a turnkey infrastructure service company providing a range of complementary underground services including excavation, boring, drain cleaning, and other pumping services to public utilities, telecom providers, and other businesses. CST Utilities was founded in 1969 and is based in Grove city, Ohio.


Deal Context for Buyer #
Overall 1 of 2
Sector: Utilities 1 of 1
Type: Add-on Acquisition 1 of 2
State: Ohio 1 of 1
Country: United States 1 of 2
Year: 2024 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-15 Daystar Directional Drilling

Noblesville, Indiana, United States

Daystar Directional Drilling is a provider of essential infrastructure utility drilling services. Daystar Directional Drilling was founded in 2002 and is based in Noblesville, Indiana.

Buy -