M&A Deal Summary

Quanta Services Acquires Crux Subsurface

On December 1, 2011, Quanta Services acquired construction company Crux Subsurface

Acquisition Highlights
  • This is Quanta Services’ 10th transaction in the Construction sector.
  • This is Quanta Services’ 13th transaction in the United States.
  • This is Quanta Services’ 1st transaction in Washington.

M&A Deal Summary

Date 2011-12-01
Target Crux Subsurface
Sector Construction
Buyer(s) Quanta Services
Deal Type Add-on Acquisition

Target

Crux Subsurface

Spokane Valley, Washington, United States
Crux Subsurface, Inc. is a geotechnical exploration and construction firm. Crux Subsurface provides contract drilling and related services to the geotechnical industry.

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Buyer(S) 1

Buyer

Quanta Services

Houston, Texas, United States

Category Company
Founded 1997
Sector Construction
Employees58,400
Revenue 23.7B USD (2024)
DESCRIPTION

Quanta Services is a provider of specialized contracting services, delivering infrastructure solutions for the electric power, natural gas pipeline, and telecommunication industries. Quanta Services was founded in 1997 and is based in Houston, Texas.


DEAL STATS #
Overall 14 of 21
Sector: Construction M&A 10 of 12
Type: Add-on Acquisition M&A Deals 14 of 21
State: Washington M&A 1 of 1
Country: United States M&A 13 of 20
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-25 Valard Construction

Edmonton, Alberta, Canada

Valard is one of Canada's largest power line contractors, delivering turnkey and construction services in overhead and underground transmission and distribution systems, substations, fiber optics and substation and transmission foundations. Since Valard Construction's incorporation in 1978, the company has been committed to the successful completion of every project -- building it safely, on time and on budget. Founded on the principles of employee inclusion, quality workmanship and an entrepreneurial spirit, Valard has evolved into one of the largest, most innovative and respected power line contractors in Canada.

Buy $219M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-01 Service Electric Co.

Chattanooga, Tennessee, United States

Service Electric Company is an industrial-commercial electrical contractor specializing in the construction of electrical transmission and distribution systems, substations, and storm restoration, and committed to quality, safety and customer satisfaction at all times.

Buy -