Add-on Acquisition • Construction

PURIS Acquires Murphy Pipeline Contractors

On October 1, 2020, PURIS acquired construction company Murphy Pipeline Contractors

Acquisition Context
  • This is PURIS’s 1st transaction in the Construction sector.
  • This is PURIS’s 3rd transaction in the United States.
  • This is PURIS’s 1st transaction in Florida.

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M&A Deal Summary

Date October 1, 2020
Target Murphy Pipeline Contractors
Sector Construction
Buyer(s) PURIS
Deal Type Add-on Acquisition

Target Company

Murphy Pipeline Contractors

Jacksonville, Florida, United States
Murphy Pipeline Contractors, Inc. is a provider of trenchless rehabilitation solutions for the municipal potable water and wastewater markets. Murphy Pipeline Contractors is based in Jacksonville, Florida.
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Buyer Overview 1

Buyer

PURIS

The Woodlands, Georgia, United States

Category Company
Founded 1973
Sector Utilities
DESCRIPTION

PURIS provides end-to-end water infrastructure renewal solutions, specializing in environmentally sustainable trenchless pipeline rehabilitation. PURIS was founded in 1973 and is based in The Woodlands, Texas.


Deal Context for Buyer #
Overall 3 of 5
Sector: Construction 1 of 2
Type: Add-on Acquisition 3 of 4
State: Florida 1 of 1
Country: United States 3 of 5
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 Daystar Composites

Patterson, Georgia, United States

Daystar Composites LLC provides contractors and utility owners with state of the art cured-in-place pipe (CIPP) liners and products designed for the rehabilitation of water and wastewater pipe infrastructure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-03 Granite Construction - Inliner

Watsonville, California, United States

Granite Construction's Inliner is a vertically integrated provider of trenchless pipe rehabilitation solutions addressing wastewater and stormwater infrastructure. The Company has established a sterling reputation as a leader in resin- and UV-based cured-in-place-pipe solutions, geopolymer liner, and construction management services, supporting government customers across the United States and Canada. Its services are strengthened and supported by market-leading manufacturing capabilities.

Buy -