Add-on Acquisition • Electrical Equipment

Dycom Acquires Power Solutions

On November 19, 2025, Dycom acquired electrical equipment company Power Solutions for 2.0B USD

Acquisition Context
  • This is Dycom’s 1st transaction in the Electrical Equipment sector.
  • This is Dycom’s largest (disclosed) transaction.
  • This is Dycom’s 9th transaction in the United States.
  • This is Dycom’s 1st transaction in Maryland.

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M&A Deal Summary

Date November 19, 2025
Target Power Solutions
Sector Electrical Equipment
Buyer(s) Dycom
Deal Type Add-on Acquisition
Deal Value 2.0B USD
Advisor(s) Miles & Stockbridge (Legal)

Target Company

Power Solutions

Bowie, Maryland, United States
Power Solutions offers electrical contracting services focused on mission-critical environments, including data centres, hospitals, government buildings and telecommunications facilities. Power Solutions was founded in 1998 and is headquartered in Bowie, Maryland.
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Buyer Overview 1

Buyer

Dycom

Palm Beach Gardens, Florida, United States

Category Company
Founded 1969
Sector Engineering
Employees15,623
Revenue 4.7B USD (2025)
DESCRIPTION
Entrance to Dycom's headquarters in Palm Beach Gardens, Florida.
Entrance to Dycom's headquarters in Palm Beach Gardens, Florida.

Dycom is a provider of specialty contracting services to the dynamic telecommunications and infrastructure industry. These services, which are provided throughout the United States and in Canada, include engineering, construction, maintenance, and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others. Dycom was founded in 1969 and is based in Palm Beach Gardens, Florida.


Deal Context for Buyer #
Overall 9 of 9
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 7 of 7
State: Maryland 1 of 1
Country: United States 9 of 9
Year: 2025 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-21 Black & Veatch - Public Carrier Wireless Telecommunications Infrastructure Business

Overland Park, Kansas, United States

Black & Veatch's Public Carrier Wireless Telecommunications Infrastructure Business primarily provides wireless construction services in New York, New Jersey, Missouri, Kansas, Colorado, Utah, Wyoming, Idaho, and Montana. Black & Veatch's Public Carrier Wireless Telecommunications Infrastructure Business is based in Overland Park, Kansas.

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