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Construction M&A image Construction M&A » By The Online Investor Staff, updated Thu., May. 2, 12:31 AM Recent mergers and acquisitions in the Construction M&A category.

Slide #92. Primoris Services Corporation Q3 Contracting Inc.

Acquirer: Primoris Services Corporation (NYSE:PRIM)
Acquiree: Q3 Contracting Inc.
Details: Primoris Services Corporation announced that it completed the acquisition of Q3 Contracting Inc. ("Q3") on November 19, 2012. The material terms of the transaction were previously disclosed in a press release dated November 13, 2012. Based in Little Canada, Minnesota, just north of St. Paul, Q3 specializes in small diameter pipeline and gas distribution construction.

Primoris Services is a provider of contracting services operating mainly in the U.S. and Canada. Co.'s segments include: Utilities, which engages in the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems; Energy/Renewables, which engages in engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services; and Pipeline Services, which engages in pipeline construction and maintenance and pipeline facility and integrity services.

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Company Name:  Primoris Services Corp
Website:  www.prim.com
Sector:  Construction
Number of ETFs Holding PRIM:  34
Total Market Value Held by ETFs:  $364.89M
Total Market Capitalization:  $2.54B
% of Market Cap. Held by ETFs:  14.39%
 

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May 2, 2024    12:31 AM Eastern
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Buy (3.33 out of 4)
46th percentile
(ranked lower than approx. 54% of all stocks covered)

Analysts' Target Price:
PRIM Stock Forecast

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