Primoris acquires PLH Group to expand utility business

Dallas-based Primoris Services Corporation (NASDAQ: PRIM) announced on Monday that it has entered into a definitive merger agreement to acquire Dallas-based PLH Group, Inc. in an all-cash transaction valued at $470 million according to a news release.

According to the release, Primoris is one of the top specialty contractors in the U.S. and provides critical infrastructure services to the utility, renewables and other related energy markets. The company’s focus on utility markets includes power…


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