Business
Dycom Industries Completes Acquisition of Power Solutions
Acquisition Positions the Company for Accelerated Growth in Digital and Data Center Infrastructure ServicesWEST PALM BEACH, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY), a leading provider of specialty contracting services to the telecommunications and digital infrastructure industries throughout the United States, today announced that it has completed its previously announced acquisition of Power Solutions, LLC (“Power Solutions”), one of the Mid-Atlantic’s largest
About this update from Power Solutions International, Inc.
[{"type":"image","alt":"Dycom Industries Inc","displaySize":"","headline":null,"caption":"Dycom Industries Inc","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":56,"url":"https://media.zenfs.com/en/globenewswire.com/60ea1832dd72ca536f2c338cc9e8731b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RxqYOi9YSGyxigcAgT.d0A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTc4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/60ea1832dd72ca536f2c338cc9e8731b","width":300,"height":56}},"lazy":false},{"type":"text","content":"Acquisition Positions the Company for Accelerated Growth in Digital and Data Center Infrastructure Services","length":107,"tagName":"p"},{"type":"text","content":"WEST PALM BEACH, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY), a leading provider of specialty contracting services to the telecommunications and digital infrastructure industries throughout the United States, today announced that it has completed its previously announced acquisition of Power Solutions, LLC (“Power Solutions”), one of the Mid-Atlantic’s largest electrical contractors serving data centers. The purchase price on a cash-free, debt-free basis was comprised of approximately $1.63 billion of cash, including an estimated working capital adjustment, and approximately 1.0 million shares of Dycom common stock.","length":658,"tagName":"p"},{"type":"text","content":"“Today’s announcement represents a significant milestone for Dycom, reinforcing the Company’s position as a leader in the fast-growing digital infrastructure industry,” said Dan Peyovich, President and Chief Executive Officer of Dycom. “We are excited to officially welcome Power Solutions to the Dycom family and look forward to working together to realize the opportunities ahead.”","length":383,"tagName":"p"},{"type":"text","content":"Power Solutions will continue to operate under its brand within Dycom. Power Solutions’ strong management team will remain in place, and the company will maintain its headquarters in Bowie, Maryland.","length":199,"tagName":"p"},{"type":"text","content":"As previously announced, the transaction is expected to be immediately accretive to Dycom’s Adjusted EBITDA margin and Adjusted Diluted Earnings Per Share, excluding non-cash amortization of intangible assets. It is also projected to improve free cash flow for the comb...