M&A Deal Summary |
|
|---|---|
| Date | 2023-11-16 |
| Target | Professional Plumbers Group |
| Sector | Construction |
| Buyer(s) | Sterling Infrastructure |
| Deal Type | Add-on Acquisition |
| Deal Value | 50M USD |
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| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Construction |
| Employees | 3,000 |
| Revenue | 2.0B USD (2023) |
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 | 6 of 6 |
| Sector (Construction) | 6 of 6 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Texas) | 2 of 2 |
| Country (United States) | 6 of 6 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-20 |
CCS
Phoenix, Arizona, United States CCS provides residential single-family home concrete foundations, including the preparation, pouring and finishing of post-tension concrete foundations in new housing subdivisions in the Greater Phoenix area. CCS is based in Phoenix, Arizona. |
Buy | $22M |
