Primoris Services Corporation to Acquire PayneCrest Electric, Inc.

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

June 27, 2022

Construction

Primoris Services Corporation (NASDAQ: PRIM) has completed the acquisition of PLH Group, Inc. in an all-cash transaction valued at $470 million. The deal expands Primoris' capabilities and geographic footprint in utility-focused markets — particularly power delivery, communications and gas utilities — and is expected to be accretive with cost and revenue synergies.

Pearce Services Acquires Unified Power

December 17, 2024

Industrial Services

Pearce Services, a New Mountain Capital-backed provider of mission-critical infrastructure services, has acquired Unified Power, a Terrell, Texas-based provider of UPS and backup generator maintenance and repair services. The deal, supported with incremental capital from Goldman Sachs Alternatives' Hybrid Capital group, expands Pearce's capabilities into UPS services and strengthens its presence across data center, telecom, healthcare and other mission-critical end markets; Incline Equity Partners sold Unified Power.

GCG Acquires Paige Electric

September 13, 2022

Industrial Services

GCG has acquired Paige Electric, a value-added wire and cable solutions provider founded in 1958 and headquartered in Mountainside, New Jersey. The acquisition expands GCG's national distribution footprint and adds Paige's engineering, design and sector expertise across precision agriculture, irrigation, data communications, renewables and general industrial markets.

Energy Transfer to Acquire Crestwood Equity Partners in $7.1 Billion All-Equity Deal

August 16, 2023

Energy

Energy Transfer LP will acquire Crestwood Equity Partners LP in an all-equity transaction valued at approximately $7.1 billion, including the assumption of about $3.3 billion of debt. The merger is expected to close in the fourth quarter of 2023, subject to approvals and customary closing conditions.

Precision Drilling Corporation Acquires CWC Energy Services Corp.

September 7, 2023

Oil & Gas

Precision Drilling Corporation has entered into an agreement to acquire all issued and outstanding common shares of CWC Energy Services Corp. for approximately $141 million in total consideration (947,909 Precision shares valued at ~$88M, $14M cash, plus assumption of debt). The acquisition adds 62 marketed service rigs in Canada and 18 marketed drilling rigs (including 11 in the U.S.), and is expected to generate about $20 million of annual operating synergies while supporting Precision's deleveraging plan.

Portland General Electric Agrees to Acquire PacifiCorp Washington Utility Operations for $1.9 Billion

February 19, 2026

Utilities

Portland General Electric (PGE) has agreed to acquire select Washington state generation, transmission, and electric utility operations from PacifiCorp for $1.9 billion. The deal adds approximately 140,000 Washington customers and includes three generation facilities plus about 4,500 miles of transmission and distribution lines, with regulatory reviews expected to complete about 12 months after filing.