.
MergerLinks Header Logo

New Deal


Announced

Completed

Sterling Construction Company completed the acquisition of Petillo for $215m.

Financials

Edit Data
Transaction Value£159m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Majority

Acquisition

United States

Friendly

Completed

engineering services

Domestic

construction solutions

Construction Services

Private

Synopsis

Edit

Sterling Construction Company, a heavy civil construction company, completed the acquisition of Petillo, a full service site work and heavy highway construction company, for $215m “We are excited to welcome the Petillo team, its culture and capabilities into our E-infrastructure solutions sector,” Joe Cutillo, Sterling CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US