Norwalk construction-contracting services giant Emcor Group Inc. is paying some $455 million for Texas refinery-petrochemical plant builder-maintainer RepconStrickland Inc.
RepconStrickland’s majority stockholder is an affiliate of ArcLight Capital Partners LLC, a Boston energy -focused private equity fund.
RepconStrickland divides headquarters between La Porte and Corpus Christi, Texas. It generated revenues of approximately $400 million in 2012.
The deal is due to close in early July.
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J.P. Morgan Securities LLC is acting as financial advisor to Emcor.
Harris Williams & Co. is acting as the exclusive financial advisor to RepconStrickland.
