Brief: Primoris Services Corporation To Acquire Paynecrest Electric, Inc., Expanding Electrical Capabilities
31/03/2026 13:46
Primoris Services Corp PRIM.N: PRIMORIS SERVICES CORPORATION TO ACQUIRE PAYNECREST ELECTRIC, INC., EXPANDING ELECTRICAL CAPABILITIES PRIMORIS SERVICES CORP - TO BUY PAYNECREST IN ALL-CASH DEAL VALUED AT $422 MILLION PRIMORIS SERVICES CORP - ACQUISITION EXPECTED TO CONTRIBUTE $260-$280 MILLION REVENUE, $28-$32 MILLION ADJUSTED EBITDA IN FY2026 PRIMORIS SERVICES CORP - $400 MILLION OF PURCHASE PRICE TO BE FUNDED THROUGH BORROWINGS UNDER AMENDED CREDIT AGREEMENT Source text: ID:nBwcfZWhwa Further company coverage: PRIM.N
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