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Quanta Services completes acquisition of Cupertino Electric, Inc. to enhance electrical infrastructure solutions

PUBLIC · PWRJul 18, 2024

Acquiring Company

Quanta Services

Acquired Company

Cupertino Electric (CEI)

HoustonSan JoseEnergyRenewable EnergyConstructionEnergyRenewable EnergySolarConstruction

Description

Quanta Services, Inc. (NYSE: PWR) has successfully finalized the acquisition of Cupertino Electric, Inc. (CEI), a premier electrical infrastructure solutions provider to the technology, renewable energy, and infrastructure industries. This strategic acquisition aims to combine Quanta's comprehensive infrastructure services with CEI's expertise, creating an innovative and diversified electrical infrastructure solution offering for its customers.

Quick answer

Quanta Services is acquiring Cupertino Electric (CEI), announced July 18, 2024. Quanta Services is based in Houston, Texas, United States.

How much did Quanta Services pay for Cupertino Electric (CEI)?
The deal value was not disclosed.
What does Quanta Services do?
Quanta Services, Inc. (NYSE: PWR) is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the electric power, gas, and telecommunications industries.
Where are Quanta Services and Cupertino Electric (CEI) based?
Quanta Services is based in Houston, Texas, United States. Cupertino Electric (CEI) is based in San Jose, California, United States.
Who are the decision-makers at Quanta Services?
Fundz holds 1 contact at Quanta Services. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Quanta Services

Location

2727 North Loop West

Houston, Texas, United States

About

Quanta Services, Inc. (NYSE: PWR) is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the electric power, gas, and telecommunications industries. It provides a full range of infrastructure services, including design, installation, maintenance, and repair of electric power transmission and distribution lines, substations, renewable energy facilities, and pipeline construction. With a workforce of skilled employees, Quanta Services is committed to providing innovative solutions to its customers.

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Frequently asked

Who acquired Cupertino Electric (CEI)?

Cupertino Electric (CEI) was acquired by Quanta Services, based in Houston. The deal was reported on July 18, 2024. Quanta Services, Inc. (NYSE: PWR) is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the electric power, gas, and telecommunications industries. Quanta Services is publicly traded (PWR) and operates in Energy.

When did Quanta Services acquire Cupertino Electric (CEI)?

Quanta Services's acquisition of Cupertino Electric (CEI) was reported on July 18, 2024. Quanta Services, Inc. (NYSE: PWR) has successfully finalized the acquisition of Cupertino Electric, Inc. (CEI), a premier electrical infrastructure solutions provider to the technology, renewable energy, and infrastructure industries. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cupertino Electric (CEI) do?

Founded in 1954, Cupertino Electric, Inc. (CEI) is a premier electrical infrastructure solutions provider to the technology, renewable energy, infrastructure, and commercial industries. It is privately held, operating in Energy, and is based in San Jose.

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