Deal Details
Sale to Quanta Services, Inc.
Summary
Baird served as exclusive financial advisor to Haverfield Aviation, Inc. on this transaction
About
Haverfield Aviation, Inc. (“Haverfield” or the “Company”) was recently acquired by Quanta Services, Inc. (“Quanta”) (NYSE:PWR). Terms of the transaction were not disclosed.Haverfield Aviation, Inc. is the leading provider of aerial transmission inspection, maintenance, repair, upgrade, replacement and construction support services to the North American electric utility industry. Founded in 1981, Haverfield is recognized as the pioneer of aerial transmission services to the utility industry, revolutionizing power services by demonstrating the applicability of helicopters to the transmission grid. The Company is headquartered in Gettysburg, Pennsylvania.
Quanta Services, Inc. is a leading specialized contracting services company, delivering infrastructure solutions for the electric power, oil and gas and communications industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Latin America, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. Quanta is headquartered in Houston, Texas.
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- Date
- January 2019
- Company
- Haverfield Aviation, Inc.
- Transaction
- M&A
- Sectors
-
Technology & Services
Industrial - Target Geography
- North America
- Acquiror Geography
- North America
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