Sterling Construction (STRL) Acquires Petillo

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Sterling Acquires Petillo, an Industry Leading Specialty Site Development Company

January 5, 2022 4:05 PM EST

One of the largest specialty site development companies in the Northeast Expansion of geographic footprint to cover blue chip e-commerce customers in all major East Coast markets Positions Sterling to be an industry leader in E-infrastructure specialty site development Strong cultural alignment Pro forma Total Leverage Ratio increases modestly from 2.14 to 2.35 times, remaining comfortably within our target range and providing ample liquidity Accretive day... More