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

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 […]