secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K/A
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0001361538-22-000030
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris completes PLH acquisition; PLH 2021 revenue $668M, net loss $72M with $51M impairment
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- PLH 2021 revenue $668.4M, net loss $72.3M (includes $51.4M goodwill impairment).
- PLH long-term debt $106.9M at Dec 2021; stockholders' equity $99.1M.
- Primoris closed PLH acquisition on August 1, 2022; original 8-K filed that date.
- Filed audited 2021 and unaudited Q1 2022 PLH financials and pro forma combined data.
- Acquisition adds electric and pipeline construction capabilities to Primoris.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153822000030/0001361538-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153822000030/prim-20220801x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001361538-22-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer