M&A Deal Summary

Magnum Tunneling Acquires Boring and Tunneling of America

On February 1, 2012, Magnum Tunneling acquired construction company Boring and Tunneling of America

Acquisition Highlights
  • This is Magnum Tunneling’s 1st transaction in the Construction sector.
  • This is Magnum Tunneling’s 1st transaction in the United States.
  • This is Magnum Tunneling’s 1st transaction in Texas.

M&A Deal Summary
Date 2012-02-01
Target Boring and Tunneling of America
Sector Construction
Buyer(s) Magnum Tunneling
Deal Type Add-on Acquisition

Target

Boring and Tunneling of America

Houston, Texas, United States
Boring and Tunneling Company of America LLC provides primarily subcontract services on trenchless heavy underground construction projects using horizontal boring and tunneling as well as directional drilling.

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Buyer(S) 1

Buyer

Magnum Tunneling

Houston, Texas, United States
Category Company
Sector Construction
DESCRIPTION

Magnum Tunneling provides heavy underground construction services. It offers underground construction of tunnels, drainages, pipelines, shafts, electrical, telephone, CATV, fiber optics, and residential developments, as well as sewer, water, and gas lines. Magnum Tunneling is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
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