Energy Services of America Acquires Tribute Contracting & Consultants
December 2, 2024
Energy Services of America Corporation (Nasdaq: ESOA) has completed the purchase of substantially all assets of Tribute Contracting & Consultants, LLC for $22 million in cash (plus $2.0 million of common stock), adding an underground utility contractor that employs approximately 90 construction workers. The acquisition expands Energy Services' capabilities and presence in water distribution and wastewater system installations across Ohio, Kentucky and West Virginia.
- Buyers
- Energy Services of America Corporation
- Targets
- Tribute Contracting & Consultants, LLC
- Industry
- Construction
- Location
- United States
- Transaction Type
- Buyout
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