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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