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Cases & Deals

March 11, 2024

Quanta Services, Inc. acquires Evergreen North America Industrial Services, Inc. from The Sterling Group, L.P.

King & Spalding advised Quanta Services, Inc. (NYSE: PWR) on the acquisition of Evergreen North America Industrial Solutions. Evergreen is a provider of environmental solutions for industrial businesses and mission critical infrastructure. Sterling created Evergreen through the combination of family-owned, New York-based North American Industrial Services and Houston-based Evergreen Environmental Services. Quanta Services is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, communications, pipeline and energy industries. The acquisition of Evergreen furthers Quanta Services’ leadership in specialty infrastructure solutions. The King & Spalding team advising Quanta Services on the transaction was led by Mitchell Tiras, Christopher Baeza, and Thomas Hafen.