MPE Partners and Precision Pipeline Acquire SabCon Underground

MPE Partners and Precision Pipeline Services Acquire Allegheny Contracting

August 22, 2024

Energy

MPE Partners and its portfolio company Precision Pipeline Services have acquired Allegheny Contracting, a Ridgway, Pennsylvania-based provider of gas transmission pipeline integrity and gas distribution repair services serving the Mid-Atlantic and Midwest. The deal is an add-on to Precision’s platform to expand underground utility services and capabilities; Allegheny’s founder Brent Buehler and the management team partnered in the transaction, with financing provided by Churchill Asset Management and BMO Sponsor Finance.

MPE Partners Recapitalizes Precision Pipeline

August 17, 2023

Industrial Services

MPE Partners completed a recapitalization of Precision Pipeline, LLC, a Lancaster, Ohio-based provider of repair, replacement and maintenance services for gas, electrical, telecommunications and water utilities. The deal brings in MPE as the financial partner to support growth initiatives, including targeted M&A, with founder Matt Upp remaining as President and industry veteran Mark Crowson joining as CEO.

MPE Partners and Delphi Infrastructure Group Acquire JMF Underground

June 18, 2025

Infrastructure

MPE Partners, alongside its portfolio company Delphi Infrastructure Group (DIG), has acquired JMF Underground, a Mechanicsburg, Pennsylvania-based provider of underground utility services specializing in horizontal directional drilling, trenching, boring and excavation. The deal is an add-on to the DIG platform to expand underground infrastructure capabilities and geographic coverage across the Mid-Atlantic and Eastern United States; financing was provided by Churchill Asset Management and BMO Sponsor Finance.

Shenandoah (GenNx360) Acquires Pro-Pipe Services from National Underground Group

May 6, 2025

Infrastructure

GenNx360 Capital Partners’ portfolio company Shenandoah has acquired Pro-Pipe Services, LLC from National Underground Group. The add-on expands Shenandoah’s geographic footprint into the U.S. Southwest (branches in Phoenix, Tucson, Albuquerque, Dallas and Denver) and adds cross-bore inspection capabilities to its sanitary and stormwater pipe cleaning, inspection and rehabilitation services.

Peak Utility Services Group Acquires Superior Pipeline Services

March 18, 2021

Industrial Services

Peak Utility Services Group, a Denver-based provider of infrastructure services, has acquired Superior Pipeline Services (SPS), a Fort Worth, Texas natural gas utility services contractor. The add-on expands Peak's presence in Texas and strengthens its capabilities for maintenance, repair and installation work in the natural gas utility market.

Platform Partners Acquires Progressive Pipeline Management (PPM)

November 21, 2024

Infrastructure

Platform Partners, LLC has acquired Progressive Pipeline Management (PPM), a trenchless pipeline rehabilitation contractor that specializes in cured-in-place lining for natural gas distribution pipelines. Commonwealth M&A served as exclusive sell-side advisor and the deal provides PPM with financial and strategic backing to support growth and innovation.