Announced
Completed
Financials
Tags
Private
Acquisition
Single Bidder
Domestic
Majority
Private Equity
United States
installation services
Friendly
Specialty Contracting
Completed
Synopsis
Primoris Services, a provider of specialty contracting services in North America, completed the acquisition of Future Infrastructure, a provider of non-discretionary maintenance, repair, upgrade and installation services to the telecommunication, from Tower Arch Capital, a lower-middle market private equity fund, for $620m. “The addition of Future Infrastructure marks the completion of a strategic goal for Primoris, but also marks the beginning of a new stage in our strategic journey to create the Company we believe we can be – together. With values and cultures that are already aligned in many ways, we are confident that this combination will lead us to even greater successes,” Tom McCormick, Primoris President and Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.