Sterling Infrastructure, Inc. /
CEC Facilities Group, LLC
Sterling Infrastructure to purchase CEC Facilities Group assets




What happened
Sterling Infrastructure, Inc. signed an agreement to purchase substantially all of the assets of CEC Facilities Group, LLC, a specialty electrical and mechanical contractor. The acquisition expands Sterling’s E-Infrastructure services into mission-critical electrical contracting.
The upfront purchase price totals $505 million, consisting of $450 million in cash and $55 million in Sterling Common Stock.
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Sterling Infrastructure to purchase CEC Facilities Group assets
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