Announced
Completed
Financials
Tags
Majority
Specialty Contracting
United States
Single Bidder
Acquisition
Friendly
energy infrastructure
Domestic
Private
Completed
Synopsis
Primoris Services, a specialty construction and infrastructure company, completed the acquisition of PLH Group, a full-service construction and specialty contractor, for $470m. "This acquisition aligns solidly with our strategic focus on higher-growth, higher-margin business segments. It expands our footprint for Power Delivery services at a time when improvement and expansion of our domestic electric grid is driving massive capital investment in this market," Tom McCormick, Primoris President and CEO.
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