M&A Deal Summary

Star Construction Acquires Watts Brothers Cable Construction

On June 20, 2014, Star Construction acquired construction company Watts Brothers Cable Construction from Dycom Industries

Acquisition Highlights
  • This is Star Construction’s 1st transaction in the Construction sector.
  • This is Star Construction’s 1st transaction in the United States.
  • This is Star Construction’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2014-06-20
Target Watts Brothers Cable Construction
Sector Construction
Buyer(s) Star Construction
Sellers(s) Dycom Industries
Deal Type Divestiture

Target

Watts Brothers Cable Construction

Owensboro, Kentucky, United States
Watts Brothers Cable Construction is a specialized contractor providing services to the telecommunications and cable television industries, to include related industry segments, such as intelligent traffic systems.

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Buyer(S) 1

Buyer

Star Construction

Knoxville, Tennessee, United States
Category Company
Sector Construction
DESCRIPTION

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

Dycom Industries

Palm Beach Gardens, Florida, United States
Category Company
Founded 1969
Sector Engineering
Employees15,024
Revenue 4.2B USD (2024)
DESCRIPTION
Entrance to Dycom's headquarters in Palm Beach Gardens, Florida.
Entrance to Dycom's headquarters in Palm Beach Gardens, Florida.

Dycom Industries is a provider of specialty contracting services to the dynamic telecommunications and infrastructure industry. These services, which are provided throughout the United States and in Canada, include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others. Dycom Industries was founded in 1969 and is based in Palm Beach Gardens, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-17 Sage Telecommunications of Colorado

Denver, Colorado, United States

Sage Telecommunications Corp provides telecommunications construction and project management services primarily for cable operators in the Western United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 Goodman Networks - The Wireless Network Deployment And Wireline Businesses

Texas, United States

Goodman Networks, Inc. - The Wireless Network Deployment And Wireline Businesses is a provider of communication services.

Buy $108M
Mergr

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