MPE Partners and Precision Pipeline Services make major move with acquisition of Allegheny Contracting

By on    General business news  

MPE Partners and Precision Pipeline Services make major move with acquisition of Allegheny Contracting

MPE Partners (“MPE” or “Morgenthaler Private Equity”) and its portfolio company Precision Pipeline Services have announced the successful acquisition of Allegheny Contracting. This strategic acquisition marks a significant expansion into the natural gas utility services sector. Allegheny Contracting, based in Ridgway, Pennsylvania, is renowned for its specialized technical services for the natural gas market. The […]

MPE Partners and Precision Pipeline acquire SabCon Underground to expand utility services in Florida

By on    Energy Industry News  

MPE Partners and Precision Pipeline acquire SabCon Underground to expand utility services in Florida

In a significant expansion of their utility services, MPE Partners (“MPE” or “Morgenthaler Private Equity”) and its portfolio company Precision Pipeline (“Precision”) have acquired SabCon Underground, a prominent provider of essential repair and installation services for natural gas utilities across Florida. This acquisition, which includes SabCon’s comprehensive offerings such as horizontal directional drilling, open trench […]