Public Company Industrial Services

Sterling Infrastructure

The Woodlands, Texas, United States

Formerly known as Sterling Construction Company, Inc, Sterling Construction Company, Inc., Sterling Construction Company, Inc. (Nasdaq: STRL)

Sterling Infrastructure builds and services infrastructure that enables the economy to run, people to move, and the country to grow. It operates through subsidiaries within three segments specializing in E-Infrastructure Solutions, Transportation Solutions, and Building Solutions across the United States.

Focus Areas
E-infrastructure site development, Mission-critical electrical services, Transportation infrastructure (highways, roads, bridges, airports, ports, rail, storm drainage)
Website
www.strlco.com

Tracked deals

6

6 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

6 buyout

Sterling Infrastructure Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Sterling Infrastructure. 2 2021 1 2022 1 2023 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Sterling Infrastructure, Inc.
    Target
    Stone Ridge Contracting, LLC
    Type
    Buyout

    Sterling Infrastructure, Inc. has closed on its acquisition of Stone Ridge Contracting, LLC, a Pocatello, Idaho-based site development contractor. The deal adds heavy civil, concrete, and construction management capabilities to Sterling’s E-Infrastructure Solutions segment and expands its footprint across the Pacific Northwest and Texas.

  • Buyer
    Sterling Infrastructure, Inc.
    Target
    CEC Facilities Group, LLC
    Industry
    Construction
    Type
    Buyout

    Sterling Infrastructure, Inc. (Nasdaq: STRL) has completed its acquisition of Irving, Texas–based CEC Facilities Group, a specialty electrical and mechanical contractor. The deal expands Sterling’s E-Infrastructure capabilities into mission-critical electrical contracting and is expected to contribute approximately $130–138 million of revenue and $17–18 million of adjusted EBITDA for the remainder of 2025.

  • Buyer
    Sterling Infrastructure, Inc.
    Target
    Professional Plumbers Group, Incorporated
    Industry
    Construction
    Type
    Buyout

    Sterling Infrastructure, Inc. (Nasdaq: STRL) acquired Professional Plumbers Group, Incorporated (PPG), a Wylie, Texas-based plumbing contractor serving residential home builders in the Dallas area, for $50 million in cash plus an earnout. PPG, which generates approximately $50–55 million in annual revenue, will join Sterling's Building Solutions segment to expand its residential plumbing capabilities and cross-sell to its existing builder customers in the Dallas market.

  • Buyer
    Sterling Infrastructure, Inc.
    Target
    Concrete Construction Services of Arizona L.L.C. (CCS)
    Industry
    Construction
    Type
    Buyout

    Sterling Infrastructure, Inc. (NasdaqGS: STRL) acquired Concrete Construction Services of Arizona L.L.C. (CCS) in a tuck-in transaction for a purchase price of $22 million paid in cash and Sterling common stock. CCS, which generates approximately $70 million in annual revenues and provides residential post-tension concrete foundations in the Greater Phoenix area, expands Sterling’s Building Solutions capacity and service offering in Arizona.

  • Buyer
    Sterling Construction Company, Inc.
    Target
    Petillo Incorporated
    Seller
    Michael Petillo, Petillo Incorporated
    Industry
    Construction
    Type
    Buyout

    Sterling Construction Company, Inc. acquired Petillo Incorporated, a Northeast specialty site development firm, for $195 million in aggregate consideration (comprised of $175M cash and 759,447 shares valued at $20M) with up to $20M in earn-outs and $15M in retention payments for the CEO. The deal expands Sterling's E‑infrastructure capabilities and geographic footprint across major East Coast markets, positioning the company as a leader in specialty site development for blue‑chip e‑commerce and data center customers.

  • Buyer
    Sterling Construction Company, Inc.
    Target
    Kimes & Stone Construction Co., Inc.
    Industry
    Construction
    Type
    Buyout

    Sterling Construction Company, Inc. has acquired Kimes & Stone, a soil stabilization and site development services provider, in an all-cash transaction for $7.6 million (approximately 3–4x EBITDA). The acquisition includes Kimes’ equipment fleet, working capital and management team, and is intended to vertically integrate Sterling’s specialty infrastructure services and expand capacity and geographic footprint across the U.S. Southeast.

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