PayneCrest Electric Acquisition | Industrials Deal in TX

Primoris Services Corporation has completed the acquisition of PayneCrest Electric, a industrial services other business in Texas, for $17.4 million. PayneCrest Electric provides electrical contracting and related field services that expand Primoris’ industrial services capabilities in TX acquisitions and industrials deals TX. The strategic acquisition supports Primoris’ industrials M&A strategy by adding skilled labor, customer relationships, and project execution capacity for power delivery and critical infrastructure work. The add on acquisition is a strategic acquisition by a strategic buyer, expanding Primoris’ footprint through industrial services other acquisition activity, with the PayneCrest Electric acquisition completed on May 1, 2026.