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Linetec Services

Company Summary

Description

Our founder, Mick Dubea, worked in the utility services field for more than 40 years before creating the Linetec team in early 2015. Linetec combines the tremendous experience of its managers and crews with the efficient and agile organization that only a company focused on innovation and quality control can bring. Based in Alexandria, Louisiana and serving the entire Gulf Coast region, Linetec partners with utilities and cooperatives to help provide electric service to hundreds of thousands of people throughout the area.

Website

http://www.linetecservices.com/index.php/about-lin...

Recent news

  • 11/28/2018 - Southwest Gas Holdings... (subscriber access)
  • 11/28/2018 - Southwest Gas Holdings... (subscriber access)

Company Transactions

Date: 12/31/2018
Type: Acquisition

NOTES:
Southwest Gas Holdings entered into a definitive agreement in which its subsidiary, Centuri Construction Group, will acquire Linetec Services. Centuri will acquire an 80% interest in Linetec for $299 million in cash and will contain the option to acquire the remaining 20% ownership interest in Linetec in increments during the next five years. The overall initial transaction cost is roughly $336 million and the transaction is expected to close by year-end 2018.
REGIONS:
  • Gulf Coast
  • Middle Atlantic