# Sterling Construction completes acquisition of Plateau Excavation for $400M

Sterling Construction Company completed its acquisition of Plateau Excavation, Inc., a specialty contractor based in Austell, Georgia, for $400 million ($375 million cash and $25 million in stock and seller notes).

- Type: Acquisition
- Announced: 2019-10-02
- Where: Austell, Georgia, United States
- Value: $400.0M
- Status: completed
- Products: site infrastructure improvement contracting services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sterling Construction Company](https://endata.com/companies/42471.md) (acquirer)
- [Plateau Excavation](https://endata.com/companies/42472.md) (target)

## Sources

- [strlco.com](https://www.strlco.com/news/sterling-construction-completes-acquisition-of-plateau-excavation-inc-and-enters-into-new-credit-agreement/), 2019-10-02: "We are extremely excited to complete this acquisition and begin work with Plateau and their management team."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.