Core Insights - Sterling Infrastructure, Inc. (STRL) has successfully acquired CEC Facilities Group, LLC, a specialized electrical and mechanical contractor, enhancing its service portfolio in mission-critical contracting [1][2] Group 1: Acquisition Impact - The acquisition of CEC Facilities is expected to expand Sterling's E-Infrastructure Solutions segment, allowing for more comprehensive end-to-end solutions for clients [2] - CEC Facilities is projected to generate revenues between $130 million and $138 million, with an adjusted EPS contribution of 22 to 24 cents, and an adjusted EBITDA contribution of approximately $17 to $18 million [3] Group 2: E-Infrastructure Growth - The E-Infrastructure Solutions segment is driving growth into 2025, fueled by increased demand for data centers and e-commerce distribution facilities [4] - The backlog for the E-Infrastructure segment increased by 44% year over year to $1.2 billion, contributing to a total backlog of $2 billion, which is up 24% [5] Group 3: Strategic Focus - Sterling's management is focused on long-term growth through both organic and inorganic opportunities, with plans for further small- to mid-sized acquisitions that align with strategic goals [6] - The company has demonstrated resilience in the face of challenges in the residential housing market, maintaining a diversified portfolio and focusing on high-margin markets [7][8] Group 4: Stock Performance - Sterling's shares have increased by 43.6% over the past three months, significantly outperforming the Zacks Engineering - R and D Services industry's 8% rise [7][8]

Core Viewpoint - Sterling Infrastructure, Inc. has completed the acquisition of CEC Facilities Group, significantly enhancing its E-Infrastructure capabilities and positioning the company for future growth and innovation in the industry [1][2]. Company Overview - Sterling operates through various subsidiaries across three segments: E-Infrastructure, Transportation, and Building Solutions, primarily in the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands [3]. - The E-Infrastructure Solutions segment focuses on large-scale site development and mission-critical electrical services for data centers, semiconductor fabrication, and power generation [3]. Financial Contributions from CEC - CEC is expected to contribute approximately $130 to $138 million in adjusted revenue for the remainder of calendar year 2025, with an estimated adjusted EBITDA of $17 to $18 million [5]. - The adjusted diluted earnings per share from CEC are projected to be around $0.22 to $0.24 [5]. CEO Remarks - The CEO of Sterling expressed excitement about the acquisition, highlighting it as a milestone in the company's growth strategy and emphasizing the potential for delivering faster and more efficient project solutions [2].