M&A Deal Summary

ESA Acquires Tribute Contracting & Consultants

On October 31, 2024, ESA acquired construction company Tribute Contracting & Consultants for 22M USD

Acquisition Highlights
  • This is ESA’s 2nd transaction in the Construction sector.
  • This is ESA’s largest (disclosed) transaction.
  • This is ESA’s 3rd transaction in the United States.

M&A Deal Summary

Date 2024-10-31
Target Tribute Contracting & Consultants
Sector Construction
Buyer(s) ESA
Deal Type Add-on Acquisition
Deal Value 22M USD

Target

Tribute Contracting & Consultants

South Point, United States
Tribute Contracting & Consultants is an underground utility contractor that primarily specializes in water and wastewater system installations. Tribute Contracting & Consultants was founded in 2014 and is based in South Point, Ohio.

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Buyer(S) 1

Buyer

ESA

Huntington, West Virginia, United States

Category Company
Founded 2006
Sector Energy Services and Equipment
Employees1,282
Revenue 304M USD (2023)
DESCRIPTION

ESA provides contracting services for energy-related companies in the United States. It constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to the pipeline, storage facilities, and plant works. The company also offers a range of electrical and mechanical installation, and repair services, including substation and switchyard, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary works for the power, chemical, and automotive industries. Energy Services of America was founded in 2006 and is headquartered in Huntington, West Virginia.


DEAL STATS #
Overall 3 of 3
Sector (Construction) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (United States) 3 of 3
Year (2024) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-06 Tri-State Paving

Hurricane, West Virginia, United States

Tri-State Paving is a trusted commercial paving company that has the experience and cutting-edge equipment required to handle a wide range of asphalt services. Tri-State Paving is based in Hurricane, West Virginia.

Buy $10M