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

Primoris Services Corporation to Acquire PayneCrest Electric, Inc.

April 1, 2026

Industrial Services

Primoris Services Corporation (NYSE: PRIM) entered into a definitive all-cash agreement to acquire PayneCrest Electric, Inc. for $422 million. The deal is expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions.

Innovative Lab Services Acquires PL Consultants, LLC

January 15, 2025

Healthcare Services

Innovative Lab Services (ILS), a laboratory solutions provider based in Ohio, has acquired PL Consultants (PLC), a lab management and toxicology consulting firm. The acquisition expands ILS's scientific validation, data analysis, staffing and compliance capabilities to deliver more comprehensive services to life-sciences customers.

ProductLife Group Acquires Halloran Consulting Group

October 17, 2024

Healthcare Services

ProductLife Group (PLG), a global life‑sciences consulting and outsourcing firm, has acquired Halloran Consulting Group, a U.S.-based life sciences consulting firm with offices in Boston and San Diego. The acquisition expands PLG’s regulatory, quality, clinical, and organizational capabilities while strengthening its presence in the North American market to better support pharmaceutical, biotech, and medical device clients.

Norvestor Acquires Majority Stake in PHM Group

March 11, 2020

Professional Services

Norvestor has signed an agreement to acquire a majority of the shares in PHM Holding Oy (PHM), a Finland-headquartered residential and commercial property maintenance services provider. The transaction backs PHM's Nordic expansion and consolidation strategy alongside existing owner Intera Fund III Ky and management, with PHM reporting ~€120m revenue and ~1,200 employees.

Primoris Services Corporation Acquires Florida Gas Contractors, Inc.

June 1, 2017

Construction

Primoris Services Corporation has acquired Florida Gas Contractors, Inc., a Dade City, Florida-based utility contractor specializing in underground natural gas infrastructure. The acquisition expands Primoris' Utilities and Distribution footprint into central Florida and the Southeast; Hyde Park Capital served as exclusive investment banker to FGC and worked with the company's principals on the transaction.

Parthenon Capital Invests in PRIMIS Marketing Group, Inc.

October 19, 2006

Marketing & Advertising

Parthenon Capital, a Boston- and San Francisco-based private equity firm, completed an equity investment in PRIMIS Marketing Group, Inc., a Chicago-based provider of database marketing services and information solutions. The investment is intended to support PRIMIS's organic growth and enable strategic acquisitions and capability expansion across its multi-division marketing and data business.