MPE Partners, Precision Pipeline expand Florida footprint with SabCon Underground acquisition
(UI) – MPE Partners, along with its portfolio company Precision Pipeline, announced the acquisition of SabCon Underground. SabCon is a provider of critical repair, new installation, replacement, and maintenance services for natural gas utility customers throughout Florida.
SabCon offers a comprehensive breadth of services, including horizontal directional drilling, open trench excavation, pipe fusion, hot taps, and other specialty offerings.
MPE and Precision partnered in the transaction with SabCon's Founder and President, Kellie Burns, as well as its management team. Mark Crowson, Chief Executive Officer of Precision, said, "Through a relentless focus on safety, reliability, and quality, SabCon has established itself as one of the premier natural gas utility services providers in Florida. SabCon is a welcome addition, and we look forward to working alongside Kellie and the broader team to support SabCon's continued success and growth in the Florida market."
Constantine Elefter, Partner at MPE, added, "With the combination of Precision and SabCon, we are building a larger organization that is well equipped to deliver exceptional services to the utility industry across a broader geographic footprint and customer base. Our commitment is to continue to invest behind these businesses and teams. We are excited about this joining of talented operators and welcome Kellie and her team."
Headquartered in Lancaster, OH, with field offices in Columbus and Xenia, OH, Precision Pipelines provides repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets.
Precision also offers horizontal directional drilling, excavation, hydrovac operations, utility locating and verification, video camera line inspection, GPS mapping, and other underground solutions. The company focuses on the replacement of leak prone natural gas distribution pipelines and installation of telecommunications infrastructure to secure the electrical grid.
Related News
From Archive
- DeLa Express seeks FERC approval for Permian-to-Louisiana gas pipeline project
- Hudson Tunnel Project set to generate 95,000 jobs during construction phase, report says
- Charleston Water System settles huge lawsuit over sewer system damage caused by non-flushable wipes
- Boring machine 'Chessie' resumes drilling at Chesapeake Bay Bridge-Tunnel site after anchor incident
- Aegion continues western expansion with acquisition of underground utilities company Toncco
- Ditch Witch 1030
- 24th Annual Directional Drilling Survey
- Michigan lawmakers introduce bills to create septic codes throughout the state
- House passes Rep. Duarte's legislation to streamline water permitting processes in the Valley
- Court approves 3M settlement over ‘forever chemicals’ in public drinking water systems
Comments