Sterling Infrastructure Completes Acquisition of CEC Facilities Group
1. STRL finalized acquisition of CEC Facilities Group, enhancing E-Infrastructure. 2. CEC expected to contribute $130-$138 million in revenue by 2025. 3. Projected adjusted EPS for CEC stands between $0.22 and $0.24. 4. CEO emphasizes growth strategy and innovation potential from CEC integration. 5. Acquisition supports Sterling’s broader E-Infrastructure service expansion.