Primoris Services Corporation to Acquire PayneCrest Electric, Inc.
April 1, 2026
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.
- Buyers
- Primoris Services Corporation
- Targets
- PayneCrest Electric, Inc.
- Industry
- Industrial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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