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  6. XKIG Acquires Thomas Contracting

M&A Deal Summary

XKIG Acquires Thomas Contracting

On October 10, 2025, XKIG acquired business services company Thomas Contracting

Acquisition Highlights
  • This is XKIG’s 1st transaction in the Business Services sector.
  • This is XKIG’s 2nd transaction in the United States.
  • This is XKIG’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2025-10-10
Target Thomas Contracting
Sector Business Services
Buyer(s) XKIG
Deal Type Add-on Acquisition

Target

Thomas Contracting

Tennessee, United States
Thomas Contracting is a provider of vegetation management and utility line clearance services. Thomas Contracting is based in Tennessee.

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Buyer(S) 1

Buyer

XKIG

Illinois, United States
Category Company
Founded 1974
Sector Infrastructure
DESCRIPTION

XKIG is a provider of an infrastructure services for the power and gas utility sectors. XKIG was founded in 1974 and is based in Illinois.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-04 River City Construction

East Peoria, Illinois, United States

River City Construction is a provider of construction and maintenance services for electric, telecommunications, and renewable energy utilities. River City Construction was founded in 1984 and is based in East Peoria, Illinois.

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