Sterling Infrastructure Inc.
Sterling Infrastructure Completes Acquisition of CEC Facilities Group
Summary
Sterling Infrastructure, Inc. has completed its acquisition of CEC Facilities Group, LLC, a leading specialty electrical and mechanical contractor. The acquisition, which was announced previously, is expected to contribute revenue of approximately $130 to $138 million, adjusted diluted earnings per share of approximately $0.22 to $0.24, and adjusted EBITDA of approximately $17 to $18 million in the remainder of 2025. A press release with further details is furnished as Exhibit 99.1.
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About Sterling Infrastructure Inc.
Sterling Infrastructure Inc. is a diversified infrastructure services company primarily focused on heavy civil engineering and construction services throughout the United States. This enterprise specializes in the development of transportation and water infrastructure, site development, and remediating hazardous waste sites. With operations encompassing key areas such as highways, bridges, railways, airports, and water containment and treatment facilities, Sterling Infrastructure Inc. plays a crucial role in bolstering the nation's foundational framework. The company's projects often involve collaborations with public sector entities, reflecting its significance in executing large-scale initiatives vital to urban development and environmental sustainability. As a company listed on a major stock exchange, Sterling Infrastructure Inc. is pivotal within the construction and engineering sectors, addressing both commercial and government needs and contributing substantially to economic growth and regional connectivity.
Official SEC Documents
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