secwatch.observer — SEC 8-K summary
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Issuer:     DYCOM INDUSTRIES INC (DY)
CIK:        0000067215
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001193125-25-330970
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dycom completes ~$1.63B cash plus stock acquisition of Power Solutions for data center growth
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- Acquired Power Solutions, a Mid-Atlantic electrical contractor serving data centers, for ~$1.63B cash plus ~1.0M Dycom shares.
- Transaction expected to be immediately accretive to Adjusted EBITDA margin and Adjusted Diluted EPS, excluding non-cash amortization.
- Amended credit agreement: revolver to $800M, term loan to $1.54B, maturity extended to Dec 2030, and $600M bridge loan facility.
- Power Solutions management remains in place; will continue to operate under its brand from Bowie, Maryland.
- Acquisition financed via term loan and bridge loan proceeds; positions Dycom for accelerated digital infrastructure growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67215/000119312525330970/0001193125-25-330970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67215/000119312525330970/d41994d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-330970

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