M&A TRANSACTION · 2021
Blattner Holding Company acquired by Quanta Services
$2.70B· 9.3x EBITDA· 1.13x revenue
Target
Blattner Holding Company
Avon, MN
Industry-leading utility-scale renewable energy infrastructure solutions provider. Founded 1907. Provides engineering, procurement, project management and construction for wind, solar and energy storage.
Acquirer
Quanta Services
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$2400.0M
EBITDA
$291.0M
Deal Value
$2.70B
EV/EBITDA
9.3x
Context
This $2.70B acquisition of Blattner Holding Company by Quanta Services sits in the electrical sub-vertical. The 9.3x EBITDA multiple paid in 2021 can be compared against the population median for electrical transactions of similar size on our Electrical valuation hub. Quanta Services is acquiring as a strategic buyer; see how strategic acquirers typically price electrical businesses on our Electrical strategic buyer-pool page.
Source
Data sourced from Quanta Services press release — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
Value your own electrical
Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.
Compare your business to the Blattner Holding Company acquisition.