Sterling Infrastructure Acquires CEC Facilities Group

Sterling Infrastructure Acquires Concrete Construction Services of Arizona (CCS)

December 20, 2022

Construction

Sterling Infrastructure, Inc. (NasdaqGS: STRL) acquired Concrete Construction Services of Arizona L.L.C. (CCS) in a tuck-in transaction for a purchase price of $22 million paid in cash and Sterling common stock. CCS, which generates approximately $70 million in annual revenues and provides residential post-tension concrete foundations in the Greater Phoenix area, expands Sterling’s Building Solutions capacity and service offering in Arizona.

Sterling Infrastructure Acquires Professional Plumbers Group

November 16, 2023

Construction

Sterling Infrastructure, Inc. (Nasdaq: STRL) acquired Professional Plumbers Group, Incorporated (PPG), a Wylie, Texas-based plumbing contractor serving residential home builders in the Dallas area, for $50 million in cash plus an earnout. PPG, which generates approximately $50–55 million in annual revenue, will join Sterling's Building Solutions segment to expand its residential plumbing capabilities and cross-sell to its existing builder customers in the Dallas market.

Bear Castle Capital's Allied Services Group Acquires Colstrip Electrical, Inc.

December 9, 2025

Construction

Bear Castle Capital formed a new electrical services platform, Allied Services Group, and completed the acquisition of Colstrip Electrical, Inc. (CEI). CEI — a full‑service electrical contractor serving Montana, North Dakota, South Dakota and Wyoming across power, industrial, aerospace/defense, healthcare and data center end markets — will remain led by its existing management as Allied scales the platform with Bear Castle's capital and industry expertise.

The Sterling Group Acquires L&S Mechanical

September 2, 2021

HVAC & Mechanical

The Sterling Group, a middle-market private equity firm, has completed the acquisition of L&S Mechanical, a tri‑trade provider of plumbing, HVAC and electrical installation services headquartered in Richardson, Texas. Sterling said it will partner with L&S management to expand the company’s tri‑trade turnkey model across Texas and into other states and accelerate growth.

SCIO Automation Acquires CEC Controls Company, Inc.

August 15, 2024

Industrial Services

SCIO Automation GmbH has acquired CEC Controls Company, Inc., a Warren, Michigan-based controls systems integrator and former subsidiary of John Wood Group PLC. The acquisition expands SCIO Automation's presence in North America and strengthens its discrete automation and industrial/process control capabilities across automotive, water/wastewater and industrial manufacturing end markets.

SCF Partners Acquires Global E&C from Global Energy Group

February 15, 2023

Energy

SCF Partners has announced an acquisition investment in Global E&C (GEC), a digitally enabled engineering, maintenance and commissioning contractor headquartered in Aberdeen, from parent Global Energy Group. The investment will support GEC's growth, accelerate its digital and decarbonization capabilities, and position the business to expand its offshore and onshore energy services.