M&A Deal Summary

Sterling Infrastructure Acquires CEC

On June 17, 2025, Sterling Infrastructure acquired construction company CEC for 505M USD

Acquisition Highlights
  • This is Sterling Infrastructure’s 7th transaction in the Construction sector.
  • This is Sterling Infrastructure’s largest (disclosed) transaction.
  • This is Sterling Infrastructure’s 7th transaction in the United States.
  • This is Sterling Infrastructure’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2025-06-17
Target CEC
Sector Construction
Buyer(s) Sterling Infrastructure
Deal Type Add-on Acquisition
Deal Value 505M USD

Target

CEC

Irving, Tennessee, United States
CEC is a specialty electrical and mechanical contractor providing design, engineering, installation, and maintenance services for complex infrastructure projects. CEC was founded in 2009 and is based in Irving, Texas.

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Buyer(S) 1

Buyer

Sterling Infrastructure

The Woodlands, Texas, United States

Category Company
Founded 1955
Sector Construction
Employees3,200
Revenue 2.1B USD (2024)
DESCRIPTION

Sterling Infrastructure is a heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Colorado, Arizona, California, Hawaii, and other states in which there are construction opportunities. Sterling Infrastructure was founded in 1955 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 7 of 7
Sector: Construction M&A 7 of 7
Type: Add-on Acquisition M&A Deals 7 of 7
State: Tennessee M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 Professional Plumbers Group

Wylie, Texas, United States

Professional Plumbers Group serves a range of residential home builders in the greater Dallas area.

Buy $50M