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Announced

Completed

Sterling Infrastructure completed the acquisition of Professional Plumbers Group for $50m.

Synopsis

Sterling Infrastructure, an infrastructure services provider, completed the acquisition of Professional Plumbers Group, a plumbing services provider, for $50m. "We are thrilled to have the PPG family join the Sterling team. PPG is a premier provider of plumbing services to home builders in one of the Nation's top residential markets. The company has extremely strong relationships with its customers and a history of excellent execution and profitability. With this acquisition, we not only broaden our services and customer base, we also become even more valuable to residential builders as a full-service concrete slab and plumbing provider. We welcome PPG to our team and believe their strong values, commitment to customers, and entrepreneurial spirit align perfectly with Sterling," Joe Cutillo, Sterling CEO.

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