Delphi Infrastructure Group (DIG)

Company Overview

Provider of critical repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets.

Delphi Infrastructure Group (DIG) encompasses the Precision Pipeline, Sabcon Underground, and Allegheny Contracting operating brands.

Investment Status

Active. Seeking add-on acquisitions.

Transaction Overview

Recapitalization of the company.  MPE partnered in the transaction with the Founder, who retained significant ownership.

Investment Thesis
  • Leading full-service provider of critical repair, replacement, and maintenance services to utilities
  • Tenured relationships with blue-chip utilities due to an exemplary track record of safety, quality, and project execution
  • Significant industry tailwinds due to robust demand for the modernization of utility infrastructure
  • Expand the company’s geographic footprint by leveraging existing relationships with large, national utilities as well as strategic greenfield investments
  • Increase the skilled labor pool by adding effective in-house and external recruitment capabilities
  • Attractive strategic add-on pipeline to augment geographic expansion as well as access to new customers or end markets
MPE Partners Contacts: Constantine Elefter, Peter Taft and Lukas Sontich
Headquarters:
Columbus, OH
Sector:
Commercial & Industrial Services
Transaction Type:
Leveraged Recapitalization
Investment Year:
2023
Fund:
MPE Partners III, L.P.