Dycom to acquire Power Solutions for $1.95B in cash and stock; debt financing arranged

DYCOM INDUSTRIES INC

Base purchase price of $1.95B; consideration includes 1,011,069 Dycom shares (valued at $292.5M) and cash.
Debt commitments: $1B term loan A facility, $700M bridge loan, and $445M backstop facility from Bank of America and Goldman Sachs.
Closing subject to HSR clearance, regulatory approvals, and customary conditions; outside date of May 18, 2026.
Dycom not obligated to close before December 22, 2025; termination rights with specified outside date.

item 3.02 item 3.01 item 1.01 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DYCOM INDUSTRIES INC entered into Unit Purchase Agreement with Project Eastern Shore, LLC and Power Solutions, LLC valued at $1,950,000,000 (effective 2025-11-18).

Action: entry
Agreement: merger
Counterparty: Project Eastern Shore, LLC and Power Solutions, LLC
Value: $1,950,000,000
Effective: 2025-11-18

Exact text from the filing

On November 18, 2025, Dycom Industries, Inc., a Florida corporation (the “ Dycom ”) entered into a Unit Purchase Agreement (the “ Purchase Agreement ”) with Project Eastern Shore, LLC, a Maryland limited liability company (the “ Seller ”), and Power Solutions, LLC, a Maryland limited liability company (“ Company ”), pursuant to which, upon the terms and subject to the conditions set forth therein, Dycom will acquire from the Seller all of the outstanding units of the Company

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DYCOM INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0001193125-25-291378

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