M&A Deal Summary

Nitro Construction Services Acquires Heritage Painting

On July 11, 2024, Nitro Construction Services acquired business services company Heritage Painting

Acquisition Highlights
  • This is Nitro Construction Services’ 1st transaction in the Business Services sector.
  • This is Nitro Construction Services’ 2nd transaction in the United States.
  • This is Nitro Construction Services’ 2nd transaction in West Virginia.

M&A Deal Summary
Date 2024-07-11
Target Heritage Painting
Sector Business Services
Buyer(s) Nitro Construction Services
Deal Type Add-on Acquisition

Target

Heritage Painting

Poca, West Virginia, United States
Heritage Painting operates in West Virginia and surrounding areas providing services to the industrial, commercial, fabrication, oil, and gas industries. It works across several products including fabricated pipe, large natural gas valves, commercial painting, and floor coatings. Heritage Painting is based in Poca, West Virginia.

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Buyer(S) 1

Buyer

Nitro Construction Services

Nitro, West Virginia, United States
Category Company
Founded 1959
Sector Construction
DESCRIPTION

Nitro Construction Services is a full-service electrical contractor providing high voltage, general power/control, and instrumentation services. Nitro Construction Services was founded in 1959 and is based in Nitro, West Virginia.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (West Virginia) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 Revolt Energy

Nitro, West Virginia, United States

Revolt Energy is a residential, commercial, and industrial solar developer and licensed installer with deep Appalachian roots and enduring pride in our region’s dynamic energy tradition. Revolt Energy was founded in 2019 and is based in Nitro, West Virginia.

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