{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-141790","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.537139+00:00","generated_at":"2026-05-19T05:45:01.381289+00:00","sec_items":["7.01","1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sterling to acquire CEC Facilities Group for $505M upfront; expects $0.63-$0.70 EPS accretion in 2025","bullets":["Upfront purchase price $505M ($450M cash + $55M stock); earn-out contingent on 2029 operating income targets.","CEC estimated 2025 revenue $390M-$415M; EBITDA $51M-$54M; EBITDA margin ~13%.","Transaction expected to close Q3 2025, subject to HSR and customary closing conditions.","CEC adds mission-critical electrical contracting to Sterling's E-Infrastructure segment; >80% revenue from semiconductor, data center, manufacturing.","CEC's Founder Ray Waddell to lead electrical platform; CEO Daniel Williams to continue operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-141790","json":"https://secwatch.observer/filing/0001193125-25-141790.json","markdown":"https://secwatch.observer/filing/0001193125-25-141790.md","text":"https://secwatch.observer/filing/0001193125-25-141790.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000119312525141790/0001193125-25-141790-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000119312525141790/d73055d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T05:45:01.381289+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}