M&A Deal Summary

Quanta Services Acquires Dillard Smith Construction

On February 17, 1999, Quanta Services acquired construction company Dillard Smith Construction

Acquisition Highlights
  • This is Quanta Services’ 7th transaction in the Construction sector.
  • This is Quanta Services’ 7th transaction in the United States.
  • This is Quanta Services’ 1st transaction in Tennessee.

M&A Deal Summary

Date 1999-02-17
Target Dillard Smith Construction
Sector Construction
Buyer(s) Quanta Services
Deal Type Add-on Acquisition

Target

Dillard Smith Construction

Chattanooga, Tennessee, United States
Dillard Smith Construction Co. is a specializes in the construction and maintenance of electric power lines and substations for electric utilities.

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Buyer(S) 1

Buyer

Quanta Services

Houston, Texas, United States

Category Company
Founded 1997
Sector Construction
Employees52,500
Revenue 20.9B USD (2023)
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 7 of 20
Sector (Construction) 7 of 12
Type (Add-on Acquisition) 7 of 20
State (Tennessee) 1 of 2
Country (United States) 7 of 19
Year (1999) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-02-17 Northern Line Layers

Billings, Montana, United States

Northern Line Layers, Inc. is a telecommunications and electric utility contractor.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-11 Irby Construction

Richland, Mississippi, United States

Irby Construction Co. is a provider of construction services.

Buy -