MPE Partners and Delphi Infrastructure Group Acquire JMF Underground

June 18, 2025

MPE Partners, alongside its portfolio company Delphi Infrastructure Group (DIG), has acquired JMF Underground, a Mechanicsburg, Pennsylvania-based provider of underground utility services specializing in horizontal directional drilling, trenching, boring and excavation. The deal is an add-on to the DIG platform to expand underground infrastructure capabilities and geographic coverage across the Mid-Atlantic and Eastern United States; financing was provided by Churchill Asset Management and BMO Sponsor Finance.

Buyers
MPE Partners, Delphi Infrastructure Group
Targets
JMF Underground
Sellers
Joe Fisher (Founder & CEO) and JMF management team
Platforms
Delphi Infrastructure Group
Industry
Infrastructure
Location
Pennsylvania, United States
Transaction Type
Addon

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