1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. North Carolina >
  6. Pernix Group Acquires KBR Building Group

M&A Deal Summary

Pernix Group Acquires KBR Building Group

On June 10, 2015, Pernix Group acquired construction company KBR Building Group from KBR for 28M USD

Acquisition Highlights
  • This is Pernix Group’s 1st transaction in the Construction sector.
  • This is Pernix Group’s largest (disclosed) transaction.
  • This is Pernix Group’s 1st transaction in the United States.
  • This is Pernix Group’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-06-10
Target KBR Building Group
Sector Construction
Buyer(s) Pernix Group
Sellers(s) KBR
Deal Type Divestiture
Deal Value 28M USD

Target

KBR Building Group

Charlotte, North Carolina, United States
KBR Building Group LLC is a provider of construction services.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Pernix Group

Lombard, Illinois, United States
Category Company
Founded 1994
Sector Construction
Employees148
Revenue 85M USD (2014)
DESCRIPTION

Pernix Group, Inc. is engaged in three primary markets: Federal Government, Commercial & Industrial, and Power.

DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

KBR

Houston, Texas, United States
Category Company
Founded 1901
Sector Engineering
Employees38,000
Revenue 7.7B USD (2024)
DESCRIPTION
Jefferson Towers, home of KBR's corporate headquarters in downtown Houston, Texas.
Jefferson Towers, home of KBR's corporate headquarters in downtown Houston, Texas.

KBR is an engineering, construction, and services company supporting the global hydrocarbons and international government services market segments. The company offers a portfolio of proprietary technology and consulting services; engineering, construction, procurement, and asset maintenance services; and base operational, logistics, life support, and asset management services, through its technology & consulting, engineering & construction, and government services business segments. KBR was founded in 1901 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 3
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Brown & Root Industrial Services

Baton Rouge, Louisiana, United States

Brown & Root Industrial Services offers a full range of industrial services, including engineering, construction, maintenance, turnarounds, soft crafts, and specialty services. Brown & Root Industrial Services is based in Baton Rouge, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 KBR - Infrastructure Americas Division

Houston, Texas, United States

KBR - Infrastructure Americas Division is a business within the Non-Strategic Business Group comprises business of providing construction and engineering services. The asset is located in the United States.

Sell $19M
Mergr

Solution for

Product

Company

Legal