M&A · Industrials · Buyer's industry: Heavy Construction Other Than Bldg Const - Contractors
Cardinal Infrastructure Group Inc. to acquire Hughes Brothers Construction Inc.
Announced Oct 13, 2026 · Announced · Private target
Deal value$358M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Cardinal Infrastructure Group Inc. (CDNL)
- Target
- Hughes Brothers Construction Inc.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Announced
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Buyer's industry
- Heavy Construction Other Than Bldg Const - Contractors