MPE Partners, a private equity firm, completed the acquisition of SabCon Underground, a natural gas utility company. Financial terms were not disclosed. "I am exceptionally proud of what the entire SabCon team has accomplished and look forward to partnering with Precision to support SabCon through its next phase of growth. I am confident that this partnership will enhance SabCon's ability to serve both our customers and employees," Kellie Burns, SabCon Founder and President.