About This Deal

Dycom Industries acquired First South Utility Construction, Inc. for approximately $55.7 million (cash plus ~175,840 shares), a transaction completed in November 2003, structured as cash and stock. The deal was a Asset purchase.

First South Utility Construction, Inc. operates in Telecommunications/utility infrastructure services, is based in U.S. (Southeast). Dycom acquired substantially all of First South's assets and assumed certain liabilities in November 2003 for an aggregate ~$55.7 million, including about 175,840 Dycom shares, paid largely from cash on hand. First South provided specialty contracting services to telecommunications customers.

Deal Terms

Acquirer
Dycom Industries
Target
First South Utility Construction, Inc.
Value
Approximately $55.7 million (cash plus ~175,840 shares)
Date
November 2003
Type
Asset purchase
Status
Ready

Transaction Details

Target HQ
U.S. (Southeast)
Segment
Telecommunications/utility infrastructure services
Structure
Cash and stock
Closed
November 1, 2003

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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