M&A Deal Summary

GridSource Acquires BRI

On February 25, 2025, GridSource acquired construction company BRI

Acquisition Highlights
  • This is GridSource’s 2nd transaction in the Construction sector.
  • This is GridSource’s 2nd transaction in the United States.
  • This is GridSource’s 1st transaction in Texas.

M&A Deal Summary

Date 2025-02-25
Target BRI
Sector Construction
Buyer(s) GridSource
Deal Type Add-on Acquisition

Target

BRI

Leander, Texas, United States
BRI is a telecommunications company that specializes in underground and aerial cable construction. BRI was founded in 2004 and is headquartered in Leander, Texas.

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Buyer(S) 1

Buyer

GridSource

Baton Rouge, Louisiana, United States

Category Company
Sector Construction
DESCRIPTION

GridSource is a contractor that specializes in infrastructure solutions for the telecom and gas industries. GridSource offers a broad suite of services, including outside plant fiber construction, aerial and underground capabilities, inside plant network construction, gas distribution services, underground electrical services, and contract design and engineering. GridSource is based in Baton Rouge, Louisiana.


DEAL STATS #
Overall 3 of 3
Sector: Construction M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-29 Accelerated

Gulf Breeze, Florida, Yemen

Accelerated is a telecommunications infrastructure solutions company that installs and maintains underground and aerial fiber networks for some of the nation’s largest Internet Service Providers (ISPs), supporting the continued rollout of fiber as a replacement to coaxial cable and copper wiring. The Company provides ongoing repair, maintenance, and upgrade services to support existing infrastructure, as well as new network builds for ISPs, utilities, and commercial customers. Accelerated was founded in 2008 and is based in Gulf Breeze, Florida.

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