Everus Construction Group Acquires SE&M Constructors and Affiliated Entities

Everus Construction Group Acquires Epsilon Industries

August 4, 2026

Construction

Everus Construction Group acquired Epsilon Industries for $295 million in cash, adding its off-site modular design, fabrication and installation capabilities. The acquisition expands Everus’ geographic reach and strengthens its position in data center, advanced manufacturing and healthcare markets; Epsilon’s existing leadership team is expected to remain in place.

Orion Group Holdings Acquires J.E. McAmis and JEM Marine Leasing

February 4, 2026

Industrial Services

Orion Group Holdings, Inc. acquired J.E. McAmis, Inc. and JEM Marine Leasing LLC for approximately $60 million (net of cash acquired). The deal strengthens Orion’s heavy marine construction capabilities—particularly jetty and breakwater construction—and adds Jones Act marine equipment to Orion’s fleet.

Old Republic International Acquires Everett Cash Mutual in Sponsored Demutualization

October 23, 2025

Insurance

Old Republic International Corporation has signed a definitive agreement to acquire Everett Cash Mutual Insurance Co. (ECM) and its affiliated companies following ECM’s sponsored demutualization to convert from a mutual to a stock insurer. The deal is subject to regulatory and policyholder approval and was expected to close in 2026. A later update states the conversion and acquisition were completed after members approved the plan and ECM’s articles were filed on July 1, 2026.

urban-gro, Inc. Acquires Emerald Construction Management, Inc.

March 14, 2022

Construction

urban-gro, Inc. signed a definitive agreement to acquire Emerald Construction Management, Inc., a 37-year-old Colorado-based design-build and construction management firm headquartered in Centennial, Colorado. The transaction consideration is $7.0 million (including up to $2.0 million contingent earnout), funded with $2.5 million cash and up to $4.5 million in equity; Emerald C.M. reported expected 2021 revenue of $26.5 million and adjusted EBITDA of $1.2 million, and the acquisition is expected to be immediately accretive in 2022. The deal adds in-house turn-key design-build capabilities to urban-gro's global indoor Controlled Environment Agriculture (CEA) service offerings.

CriticalPoint Capital Acquires AECOM's Power Construction Division to Launch United E&C

October 19, 2020

Construction

Affiliates of CriticalPoint Capital have closed the acquisition of AECOM's Power Construction division and launched the business as an independent company, United E&C, Inc. CriticalPoint said it will partner with United's management to build a stand-alone infrastructure engineering and construction platform serving power generation, transmission & distribution, and renewable markets.

Cartegraph Acquires SEMS Technologies

September 22, 2020

Cloud & SaaS

Cartegraph, a provider of enterprise asset and work management SaaS for infrastructure owners, has acquired SEMS Technologies, a specialist in water and wastewater utility operations and regulatory compliance software. The acquisition brings SEMS’s asset management, mobile work orders and compliance capabilities into Cartegraph’s platform to create a more comprehensive solution for water and wastewater utilities and public works agencies.