Primoris Expands Utility Business With Acquisition Of PLH Group
Primoris Services Corp (NASDAQ:PRIM) has agreed to acquire PLH Group, Inc. for $470 million in cash. PLH Group is a utility-focused specialty construction company with a concentration in key fast-growing regions of the U.S. This transaction doubles the Power Delivery business and increases PRIM's Utilities segment to over 50% of pro forma revenue.…
Benzinga ·
Benzinga
