M&A - QUANTA SERVICES, INC.

Form Type: 10-K

Filing Date: 2025-02-20

Corporate Action: Acquisition

Type: Update

Accession Number: 000105091525000005

Filing Summary: Quanta Services, Inc. has reported significant developments regarding its acquisition strategies for 2024. The company has detailed multiple acquisitions, including the notable acquisition of Cupertino Electric, Inc., which is expected to strengthen its portfolio in the electrical contracting sector. The document outlines financial projections, anticipated synergies from the acquisitions, and the strategic rationale behind these moves. Quanta's continued focus on renewable energy and infrastructure development is emphasized, highlighting recent projects and their expected contributions to revenue growth. Additionally, updates on contracts and operational adjustments are documented, reflecting Quanta's positioning in a competitive marketplace. The acquisition of Cupertino Electric is perceived as a catalyst for expanded market reach and enhanced service capabilities.

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