m_and_a
confidence high
sentiment positive
materiality 0.80
Sterling Infrastructure closes CEC Facilities acquisition; estimates $130-138M revenue contribution for 2025
STERLING INFRASTRUCTURE, INC.
- Transaction closed September 1, 2025; CEC joins Sterling's E-Infrastructure Solutions segment.
- CEC expected to contribute $130-138M revenue, $17-18M adjusted EBITDA in remainder of 2025.
- Adjusted diluted EPS contribution estimated at $0.22-0.24 for the period.
- Assumes 26% tax rate and excludes purchase-accounting adjustments like amortization of intangibles.
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