On the Record · Centuri Holdings
Centuri Holdings acquisitions, on the record
The businesses Centuri Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Riggs Distler & Company, Inc.Word for word“As discussed elsewhere in this Annual Report on Form 10-K, we incurred impairment charges of approximately $214.0 million during the fiscal year ended December 31, 2023 related to the write-down of goodwill acquired in connection with our August 2021 acquisition of Riggs Distler.” 10-K for 2024 | acquisition | August 2021 | — |
Linetec Services, LLCWord for word“In connection with the acquisition of Linetec Services, LLC (“Linetec”) in November 2018, the previous owner initially retained a 20 % equity interest in that entity, the reduction of which was subject to certain rights based on the passage of time or upon the occurrence of certain triggering events.” 10-K for 2024 | acquisition | November 2018 | — |
New England Utility Constructors, Inc.Word for word“For example, we acquired Riggs Distler & Company, Inc. (“Riggs Distler”) in 2021, Linetec Services, LLC (“Linetec”) in 2018 and New England Utility Constructors, Inc. (“Neuco”) in 2017.” 10-K for 2024 | acquisition | 2017 | — |
Operating Company (transfer from Southwest Gas Holdings in the Separation)Word for word“On April 13, 2024, Holdings issued 71,664,592 shares of common stock to Southwest Gas Holdings as consideration for the transfer of assets and assumption of liabilities of the Operating Company, which was a non-cash transaction.” 10-K for 2024 | acquisition | April 13, 2024 | 71,664,592 shares of common stock |
Connect Atlantic Utility Services CorporationWord for word“On November 18, 2025, we completed the acquisition of the equity interests in Connect, an Atlantic Canada electric utility services provider, for an estimated $58.0 million in total cash consideration, subject to post-closing conditions and net working capital adjustments.” 10-K for 2025 | acquisition | On November 18, 2025 | an estimated $58.0 million in total cash consideration |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2023-12-31 | $0 | — |
| 2024-12-29 | $0 | — |
| 2025-12-28 | $45.8 million | $22.5 million |
Deal filings since 2016
- 2025-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Centuri Holdings’s annual reports (10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.