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Slide #95. Primoris Services Corporation — Q3 Contracting Inc.
Primoris Services Corporation (NASDAQ:PRIM)
Q3 Contracting Inc.
Primoris Services Corporation announced that it has signed a definitive agreement to acquire Q3 Contracting Inc. ("Q3"), with an expected closing date of November 17th. Based in Little Canada, Minnesota, just north of St. Paul, Q3 specializes in small diameter pipeline and gas distribution construction.
Primoris Services provides contracting services. Co.'s segments are: Power, Industrial, and Engineering, which includes engineering, procurement, construction, repairs, and maintenance services; Pipeline and Underground, which includes pipeline construction and maintenance, pipeline facility, and integrity services; Utilities and Distribution, which includes installation and maintenance of natural gas utility distribution systems and pipeline integrity services; Transmission and Distribution, which includes installation and maintenance of electric utility transmission, substation, and distribution systems; and Civil, which includes highway and bridge construction, demolition, and site work.
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Buy (3.33 out of 4)