M&A Deal Summary |
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Date | 2024-04-18 |
Target | SabCon Underground |
Sector | Energy Services and Equipment |
Buyer(s) | Precision |
Deal Type | Add-on Acquisition |
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Precision provides repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. The company offers horizontal directional drilling, excavation, hydrovac operations, utility locating and verification, video camera line inspection, GPS mapping, and other underground solutions. It has a core focus on (i) replacement of leak-prone natural gas distribution pipelines and (ii) installation of telecommunications infrastructure to protect and secure the electrical grid. Precision is based in Lancaster, Ohio.
DEAL STATS | # |
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Overall | 1 of 2 |
Sector (Energy Services and Equipment) | 1 of 2 |
Type (Add-on Acquisition) | 1 of 2 |
State (Florida) | 1 of 1 |
Country (United States) | 1 of 2 |
Year (2024) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
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2024-08-22 |
Allegheny Contracting
Ridgway, Pennsylvania, United States Allegheny Contracting is a provider of technical utility services for the natural gas end market. Allegheny offers gas transmission pipeline integrity services, which consist of the repair and maintenance work resulting from regulatory-mandated and recurring inspections of gas transmission pipeline infrastructure, as well as the repair and replacement of underground gas distribution pipelines. Allegheny Contracting was founded in 1997 and is based in Ridgway, Pennsylvania. |
Buy | - |