Press Release

 

Caddo Lake Capital Advises Professional Plumbers Group on Acquisition by Sterling Infrastructure, Inc.

 

Las Colinas, TX – November 16, 2023 – Caddo Lake Capital (“CLC”) is pleased to announce its role as the exclusive M&A advisor to Professional Plumbers Group, Inc (“PPG”), in its acquisition by Sterling Infrastructure, Inc. This acquisition strengthens Sterling’s Building Solutions segment and extends its service offerings in the Dallas residential construction market.

 

Founded in Wylie, Texas, Professional Plumbers Group has established itself as a leading provider of plumbing services for residential home builders, specializing in all phases of plumbing for new construction. This acquisition will enable Sterling to expand its residential services and offer a broader suite of critical infrastructure services, including both concrete slab and plumbing solutions.

 

This acquisition presents significant synergies, with cross-selling opportunities to a complementary customer base, and positions Sterling as a full-service provider in one of the nation’s top residential markets.

 

About Caddo Lake Capital

 

Based in Las Colinas, TX, Caddo Lake Capital is an M&A advisory firm that operates at the intersection of entrepreneurship and capital markets, providing strategic pathways for successful mergers and acquisitions. With decades of experience representing both buyers and sellers in private markets, CLC offers a unique perspective on the transactional needs of investors and business owners alike.

 

For more information, contact Dan Wilhelm at dan@caddolakecapital.com