On the Record · Sterling Infrastructure
Sterling Infrastructure acquisitions, on the record
The businesses Sterling Infrastructure 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 |
|---|---|---|---|
Myers & Sons Construction L.P.Word for word“Myers Disposition— On November 30, 2022, we entered into an agreement (the “Agreement”) and sold the Company’s 50% ownership interest in its partnership with Myers & Sons Construction L.P.” 10-K for 2023 | divestiture | On November 30, 2022 | — |
Concrete Construction Services of Arizona LLC and its affiliate, CCS Contracting Services LLC (collectively "CCS")Word for word“CCS Acquisition— On December 20, 2022, we completed the acquisition of Concrete Construction Services of Arizona LLC and its affiliate, CCS Contracting Services LLC (collectively “CCS”), for a purchase price of approximately $21 million.” 10-K for 2023 | acquisition | On December 20, 2022 | approximately $21 million |
Professional Plumbers Group, Incorporated ("PPG")Word for word“PPG Acquisition— On November 16, 2023, we completed the acquisition of Professional Plumbers Group, Incorporated (“PPG”), a corporation headquartered in Wylie, Texas, near Dallas-Fort Worth, for a purchase price of approximately $57 million.” 10-K for 2023 | acquisition | On November 16, 2023 | approximately $57 million |
Myers & Sons Construction L.P. (Myers partnership 50% ownership interest)Word for word“Myers Disposition— On November 30, 2022, we entered into an agreement (the “Agreement”) and sold the Company’s 50% ownership interest in its partnership with Myers & Sons Construction L.P.” 10-K for 2024 | agreed divestiture | On November 30, 2022 | — |
Concrete Construction Services of Arizona LLC and CCS Contracting Services LLC (CCS)Word for word“CCS Acquisition— On December 20, 2022, we completed the acquisition of Concrete Construction Services of Arizona LLC and its affiliate, CCS Contracting Services LLC (collectively “CCS”), for a purchase price of approximately $21 million.” 10-K for 2024 | acquisition | On December 20, 2022 | approximately $21 million |
Road and Highway Builders, LLC (RHB) 50% ownership interest (deconsolidation)Word for word“As a result of the RHB deconsolidation, the Company’s 50% retained interest in RHB was required to be measured and recorded at fair value on December 31, 2024 under U.S.” 10-K for 2024 | divestiture | — | — |
Alpha Boring and DowdyWord for word“As indicated in Management’s Report, Alpha Boring and Dowdy were acquired during 2024.” 10-K for 2024 | acquisition | during 2024 | — |
CEC Facilities Group, LLCWord for word“On September 1, 2025, the Company acquired substantially all of the assets of Irving, Texas-based CEC Facilities Group, LLC (“CEC”) a leading specialty electrical and mechanical contractor.” 10-K for 2025 | acquisition | On September 1, 2025 | — |
Drake Concrete, LLCWord for word“The purchase price was $25 million in cash plus a four year earn-out opportunity.” 10-K for 2025 | acquisition | — | $25 million in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $0 | — |
| 2017-12-31 | $54.9 million | — |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $396.3 million | — |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $180.9 million | — |
| 2022-12-31 | $18 million | — |
| 2023-12-31 | $51.2 million | — |
| 2024-12-31 | $11.2 million | $2.4 million |
| 2025-12-31 | $482.3 million | $320.6 million |
Deal filings since 2016
- 2026-07-08 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
- 2025-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Sterling Infrastructure’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) 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.