Deal snapshot: Sterling Acquires Specialty Site Development Company Petillo for USD 195m.

MANews-(C)2009-2022

US-based civil and residential construction company Sterling Construction Company, Inc. (NASDAQ: STRL) has entered into a stock purchase agreement and closed on the acquisition of specialty site development solution provider Petillo Inc. and its related operating entities, the company said.

Petillo is a specialty site development solution provider in the Northeast and Mid-Atlantic. Founded...

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