Dycom Industries, Inc. (NYSE:DY) acquired Bigham Cable Construction, Inc. for approximately $130 million.
August 22, 2023
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Dycom Industries, Inc. (NYSE:DY) acquired Bigham Cable Construction, Inc. for approximately $130 million on August 18, 2023. Bigham Cable Construction generated approximately $140 million of revenue over the last twelve months. Dan Litowitz, Jason Pratt and Ryan Bray of Shearman & Sterling LLP acted as legal advisor to Dycom Industries, Inc.
Dycom Industries, Inc. (NYSE:DY) completed the acquisition of Bigham Cable Construction, Inc. on August 18, 2023. Dycom Industries acquired Bigham Cable Construction for $131.2 million ($127.0 million fixed purchase price, plus cash acquired of $8.3 million, less indebtedness of $4.1 million).
Dycom Industries, Inc. is a provider of specialty contracting services. The Company supplies telecommunications providers with a portfolio of services, such as program management, planning, engineering and design, aerial, wireless construction, maintenance, and fulfillment services. It provides underground facility locating services for utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also supplies the expertise, labor, equipment, and tools necessary to provide services to its customers. It provides engineering services to telecommunications providers, such as planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company hub location, or cable operator headend, to a consumers' home or businesses. It provides construction and installation services, including the placement and splicing of fiber, copper, and coaxial cables.
DYCOM INDUSTRIES, INC. 
