Quanta Services, Inc. has announced the acquisition of Dynamic Systems from FGI Group, Inc. for an upfront purchase price of $1.35 billion, with an additional potential earnout of up to $216 million. The acquisition was structured with a combination of cash and Quanta's publicly-traded stock. Dynamic Systems, based in Austin, Texas, is a leading provider of mechanical, plumbing, and process infrastructure solutions, serving diverse markets including technology, semiconductor, and healthcare. The transaction enhances Quanta's capabilities in delivering comprehensive infrastructure solutions across various sectors.
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