---
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"
generated_at: "2026-05-19T05:45:01.381289+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sterling to acquire CEC Facilities Group for $505M upfront; expects $0.63-$0.70 EPS accretion in 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-141790
- JSON: https://secwatch.observer/filing/0001193125-25-141790.json
- Plain text: https://secwatch.observer/filing/0001193125-25-141790.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.