Sterling Infrastructure to acquire CEC Facilities Group for $505M

Sterling Infrastructure, Inc. signed a definitive agreement to purchase substantially all assets of CEC Facilities Group, a specialty electrical and mechanical contractor, for $505 million ($450 million cash and $55 million stock). The acquisition is expected to close in Q3 2025.

“CEC has extremely strong relationships with its customers and a history of excellent growth, execution, and profitability.”in.investing.com

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• in.investing.comSterling to acquire CEC Facilities Group for $505 million By Investing.comJun 17, 2025

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