M&A Deal Summary

Quanta Services Acquires Service Electric

On April 1, 2012, Quanta Services acquired energy services and equipment company Service Electric

Acquisition Highlights
  • This is Quanta Services’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Quanta Services’ 14th transaction in the United States.
  • This is Quanta Services’ 2nd transaction in Tennessee.

M&A Deal Summary
Date 2012-04-01
Target Service Electric
Sector Energy Services and Equipment
Buyer(s) Quanta Services
Deal Type Add-on Acquisition

Target

Service Electric

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.

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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 15 of 20
Sector (Energy Services and Equipment) 2 of 3
Type (Add-on Acquisition) 15 of 20
State (Tennessee) 2 of 2
Country (United States) 14 of 19
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-01 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 Quanta Services - Domestic Telecommunications Infrastructure

United States

Domestic Telecommunications Infrastructure Services Operations comprise domestic telecommunications infrastructure services.

Sell $275M
Mergr

Product

Company

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