Energy Services of America completes $24M acquisition of Tribute Contracting

Energy Services of America CORP

Purchased substantially all assets of Tribute for $22M cash plus $2M in Energy Services common stock.
Tribute is an underground utility contractor with ~90 employees specializing in water/wastewater in OH, KY, WV.
Todd Harrah and Tommy Enyart will continue with the new subsidiary.
President Douglas Reynolds says acquisition aligns with strategy to expand water distribution and wastewater presence.

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