Primoris Services Corporation Acquires PLH Group, Inc. for $470M

June 27, 2022

Primoris Services Corporation (NASDAQ: PRIM) has completed the acquisition of PLH Group, Inc. in an all-cash transaction valued at $470 million. The deal expands Primoris' capabilities and geographic footprint in utility-focused markets — particularly power delivery, communications and gas utilities — and is expected to be accretive with cost and revenue synergies.

Buyers
Primoris Services Corporation
Targets
PLH Group, Inc.
Industry
Construction
Location
Texas, United States
Transaction Type
Buyout

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