Dycom Industries acquired Quanta Services domestic telecommunications infrastructure subsidiaries (Acquired Companies) for $275.0 million cash plus ~$40.4 million working-capital adjustment (about $319 million total), a transaction completed in December 2012, structured as cash.
Quanta Services domestic telecommunications infrastructure subsidiaries (Acquired Companies) operates in Telecommunications infrastructure services, is based in United States. Through subsidiary PBG Acquisition III, LLC, Dycom bought from Quanta Services and Infrasource FI LLC the equity of entities comprising substantially all of Quanta's domestic telecommunications infrastructure services business. Base price was $275.0 million in cash, plus roughly $40.4 million for working capital received above target and about $3.7 million of other items. The acquired operations provide engineering, construction, maintenance and installation to telecom providers and other services to electric and gas utilities across the U.S.
A carve-out that added substantial national telecom-construction scale and utility work in one step.
Advisory firms were not disclosed for this transaction.