#United States #Columbus #MPE Partners #Delphi Infrastructure #Precision Pipeline

Introduction

In a strategic move aimed at enhancing utility services, Precision Pipeline Services, backed by MPE Partners, has officially announced the formation of the Delphi Infrastructure Group (DIG). This newly established parent company will focus on acquiring leading utility services firms, solidifying its position in the increasingly competitive utility market.

About Delphi Infrastructure Group

Delphi Infrastructure Group (DIG) aims to streamline operations as it encompasses several companies previously acquired by MPE Partners, including Precision Pipeline Services, Sabcon Underground, and Allegheny Contracting. Despite the reorganization, operations for these companies will continue without interruption. This consolidation under the DIG brand is an effort to present a unified presence in the market. Mark Crowson will spearhead the group's efforts as CEO, driving the expansion and acquisition of top-tier utility contractors across various sectors, including natural gas and electrical distribution.

Market Focus

With headquarters in Columbus, Ohio, DIG is targeting geographical markets in the Mid-Atlantic, Midwest, and Southeast United States. The group's mission is to become the preferred contractor for utility services, providing essential underground repair, replacement, maintenance, and installation solutions. The aim is to cater to a diverse clientele, ranging from natural gas companies to telecommunications and water service providers.

Growth and Future Plans

The formation of DIG not only reaffirms MPE Partners' commitment to investing in high-performing companies but also sets the stage for future acquisitions. The group plans to maintain flexibility in bringing additional utility contractors into the fold. This strategic approach is anticipated to enable DIG to expand its service offerings and enhance its capabilities, ensuring it remains at the forefront of the industry.

MPE Partners Overview

MPE Partners, based in Cleveland and Boston, focuses on partnering with entrepreneur- and family-owned businesses. MPE specializes in investing in profitable lower middle-market enterprises, with revenues falling within the $8 million to $40 million range. The firm's investment strategy primarily revolves around two key areas: high-value manufacturing and commercial-industrial services.

Conclusion

The establishment of Delphi Infrastructure Group marks an important milestone for MPE Partners and Precision Pipeline Services, and it signifies a robust strategy to enhance utility services across critical markets in the U.S. With a clear vision for growth and a strong operational framework, DIG is set to become a leading contractor of choice in the utilities sector, poised for future developments.

For more information, visit Delphi Infrastructure Group and MPE Partners.