M&A Deal Summary

Dycom Acquires Black & Veatch - Public Carrier Wireless Telecommunications Infrastructure Business

On August 21, 2024, Dycom acquired communications company Black & Veatch - Public Carrier Wireless Telecommunications Infrastructure Business from Black & Veatch

Acquisition Highlights
  • This is Dycom’s 3rd transaction in the Communications sector.
  • This is Dycom’s 8th transaction in the United States.
  • This is Dycom’s 1st transaction in Kansas.

M&A Deal Summary

Date 2024-08-21
Target Black & Veatch - Public Carrier Wireless Telecommunications Infrastructure Business
Sector Communications
Buyer(s) Dycom
Sellers(s) Black & Veatch
Deal Type Divestiture

Target

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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Buyer(S) 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 STATS #
Overall 8 of 9
Sector: Communications M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
State: Kansas M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-23 Bigham

Gulf Breeze, Florida, United States

Bigham provides telecommunications construction services in the southeastern United States. It focused on new build, rebuild, and upgrade projects in cable television systems as well as telephone construction projects. Bigham was formed in 1977 and is based in Gulf Breeze, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-19 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.

Buy $2.0B

Seller(S) 1

SELLER

Black & Veatch

Overland Park, Kansas, United States

Category Company
Founded 1915
Sector Engineering
DESCRIPTION
Entrance to Black & Veatch's corporate headquarters in Overland Park, Kansas.
Entrance to Black & Veatch's corporate headquarters in Overland Park, Kansas.

Black & Veatch Corporation is a global engineering, consulting and construction company specializing in infrastructure development in the fields of energy, water and information. Black & Veatch was formed in 1915 and is based in Overland Park, Kansas.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Kansas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Bird Electric

Eastland, Texas, United States

Bird Electric is a electrical construction services provider to electric utility clients with a national reach in emergency power restoration. Bird also has long-established relationships with fuels producers, and its capabilities are relevant and applicable to other adjacent linear and distributed construction markets and solutions. Bird Electric was founded in 2004 and is based in Eastland, Texas.

Buy -