Everus Acquires SE&M, Leading Contractor in Southeast Region
Further Diversifies Revenue Mix With Leading Position in Industrial, Pharmaceutical End Markets
Expands Mechanical Services Offering in Attractive Southeast Region
Favorable Margin Profile and Strong Backlog Trend
Everus Construction Group (NYSE:ECG) announced today that it has acquired SE&M Constructors, Inc., SE&M of the Triangle, Inc. and SECO Rentals, LLC (collectively SE&M).
SE&M, founded in 1923 and headquartered in Elm City, North Carolina, provides mechanical, electrical and plumbing services to customers across a variety of sectors, including pharmaceutical, complex industrial and health care. SE&M generates approximately 65% of its revenue from mechanical services, with cr
