Sterling Bolsters E-Infrastructure With Acquisition of CEC Group
Key Takeaways Sterling's CEC Facilities acquisition broadens its E-Infrastructure service offerings.Total backlog reaches $2B, up 24% over the previous year, with strong future visibility.Sterling's stock rallied 42.9% in 3 months, outperforming the industry.Sterling Infrastructure, Inc. (STRL) has completed the acquisition of CEC Facilities Group, LLC — a specialized electrical and mechanical contractor based in Irving, TX — which was previously announced on June 16, 2025.The buyout of CEC Facilities is ex ...