Zachry Construction Corporation Agrees to Acquire Crescent Constructors

Quench Acquires Crescent Hills Water Company

April 19, 2022

Environmental Services

Quench USA, Inc., a Culligan company that provides bottleless filtered drinking water solutions, has acquired Crescent Hills Water Company, a point-of-use drinking water systems provider based in Grapevine, Texas. The acquisition adds density in the Dallas–Fort Worth market and expands Quench’s service and customer coverage in the region.

Arcline Equity (Zachry) to Acquire Jarco Ready Mix Operations in South Texas

August 21, 2025

Construction

Arcline Equity Holdings, a subsidiary of Zachry Corporation, has announced an agreement to acquire Jarco Ready Mix’s operations. The deal will include six batch plants across South Texas and establish Arcline Ready Mix to supply ready-mix concrete locally.

Dream Finders Homes Acquires Core Assets of Crescent Homes

February 5, 2024

Real Estate

Dream Finders Homes, Inc. acquired the core homebuilding assets of Crescent Ventures, LLC (operating as Crescent Homes), adding approximately 457 homesites, a backlog of ~460 homes (>$265 million) and ~6,200 owned/controlled lots. The deal expands Dream Finders' presence into Charleston and Greenville, South Carolina, and Nashville, Tennessee, and includes a partnership with Crescent founder Ted Terry and his team.

Day & Zimmermann Acquires Davis-Pickering Co. Contractors

January 24, 2023

Construction

Day & Zimmermann (D&Z) has acquired Ohio-based Davis-Pickering Co. Contractors, including its River Town Electric business, to expand D&Z’s Maintenance and Construction division capabilities across industrial, solar, and commercial sectors. The deal strengthens D&Z’s civil, electrical, structural, and piping construction capabilities and expands its service footprint in the Ohio Valley.

STV Group Acquires CP&Y, Inc.

September 7, 2021

Engineering Services

STV Group, Inc. has agreed to acquire CP&Y, Inc., an employee-owned engineering, architectural and field services consulting firm with more than 375 professionals across Texas, Oklahoma, Colorado, Florida and Virginia. The acquisition—completed by STV, a portfolio company of The Pritzker Organization—bolsters STV's presence in the Texas infrastructure market and expands its water and wastewater and transportation capabilities nationwide.

Obayashi Corporation Acquires MWH

January 11, 2024

Infrastructure

Obayashi Corporation has acquired MWH, a U.S.-based water infrastructure contractor that operates MWH Constructors and subsidiaries Slayden Constructors and Methuen Construction. The acquisition positions Obayashi to expand its U.S. water infrastructure and industrial manufacturing capabilities and market share, enabling collaboration with Obayashi’s North American operations including Webcor Builders and Kraemer North America.