M&A
confidence high
sentiment positive
materiality 0.75
Sterling closes acquisition of Stone Ridge Contracting; expands into Pacific Northwest
STERLING INFRASTRUCTURE, INC.
- Deal closed June 9, 2026; Stone Ridge joins Sterling's E-Infrastructure Solutions segment.
- Purchase price includes cash and Sterling common stock plus earn-out based on 2031 EBITDA targets.
- Stone Ridge expected to generate $180-200M revenue and mid-teens EBITDA margins in 2026.
- Acquisition adds site development services across Idaho, Oregon, Washington, North Dakota, and Texas.
- Sterling to update 2026 guidance at Q2 earnings to reflect partial-year Stone Ridge contribution.