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New Deal


Announced

Aegion to acquire Portland Utilities Construction.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

pipe rehabilitation services

Machinery: Construction

Acquisition

Domestic

Private

Majority

Friendly

Pending

Single Bidder

Synopsis

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Aegion, a provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, agreed to acquire Portland Utilities Construction, a preferred underground utility contractor in the Southeast and Texas. Financial terms were not disclosed. "The addition of Portland Utilities bolsters our ability to deliver additional specialized services to customers in Tennessee and beyond. We value PUCC's legacy in the industry and are excited to leverage their capabilities and grow together," Rob Tullman, Aegion President and CEO.

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