M&A Deal Summary

GPRS Acquires Master Locators - Utility Locating Business

On August 12, 2019, GPRS acquired technology hardware company Master Locators - Utility Locating Business from Master Locators

Acquisition Highlights
  • This is GPRS’s 1st transaction in the Technology Hardware sector.
  • This is GPRS’s 2nd transaction in the United States.
  • This is GPRS’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-08-12
Target Master Locators - Utility Locating Business
Sector Technology Hardware
Buyer(s) GPRS
Sellers(s) Master Locators
Deal Type Divestiture

Target

Master Locators - Utility Locating Business

Glen Mills, Pennsylvania, United States
Master Locators, Inc. - Utility Locating Business is a branch of engineering that involves utility design and relocation services. The most critical component of providing Support for an SUE project involves designating and locating underground utilities.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

GPRS

Toledo, Ohio, United States
Category Company
Founded 2001
Sector Technology Hardware
DESCRIPTION

GPRS is a provider of private utility locating and concrete scanning services to utilities, contractors, engineering firms, and environmental consultants in every major market in the United States. GPRS was founded in 2001 and is based in Toledo, Ohio.

DEAL STATS #
Overall 2 of 4
Sector (Technology Hardware) 1 of 2
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 2 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-23 Encompass Inspections

Waddell, Arizona, United States

Encompass Inspections LLC is a provider of private utility locating and concrete scanning services. Encompass Inspections is based in Waddell, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 Pacific Coast Locators

La Crescenta, California, United States

Pacific Coast Locators is a provider of private utility locating and concrete scanning services. Pacific Coast Locators has been serving clients in California for 16 years. Pacific Coast Locators’ clients include utilities, municipalities, engineering firms, and contractors who rely on its services to identify and map the presence of subsurface structures using ground-penetrating radar and other locating techniques. Pacific Coast Locators was founded in 2004 and is based in La Crescenta, California.

Buy -

Seller(S) 1

SELLER

Master Locators

Glen Mills, Pennsylvania, United States
Category Company
Founded 2003
Sector Technology Hardware
DESCRIPTION

Master Locators, Inc. is a major force in the support Subsurface Utility Engineering (SUE) field. Master Locators combine expert technicians with a fleet of state of the art equipment and supervise the entire process with a qualified team of engineers. The end result is an integrated team that provides unmatched utility locating services.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal