AcquisitionsJun 9, 2026, 09:11 AM
Sterling Infrastructure Acquires Stone Ridge Contracting
AI Summary
Sterling Infrastructure, Inc. announced the acquisition of Stone Ridge Contracting, LLC., a Pocatello, Idaho-based site development contractor. This strategic move expands Sterling's E-Infrastructure Solutions segment into the Pacific Northwest and strengthens its presence in Texas, targeting high-growth sectors such as data centers and industrial infrastructure. Stone Ridge is projected to generate $180 million to $200 million in revenue for full-year 2026 with mid-teen EBITDA margins, and its leadership team will remain with the company.
Key Highlights
- Sterling Infrastructure acquired Stone Ridge Contracting, LLC.
- Stone Ridge is a Pocatello, Idaho-based site development contractor.
- The acquisition expands Sterling's E-Infrastructure services into the Pacific Northwest and Texas.
- Stone Ridge is projected to generate $180M-$200M in 2026 revenue.
- Stone Ridge's EBITDA margins are expected to be in the mid-teens.
- The purchase price included cash, Sterling common stock, and an earn-out opportunity.
- Stone Ridge's leadership team will remain in place post-acquisition.
Price Impact
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