Primoris Services: $422 Million Acquisition Of Electrical Contractor PayneCrest Electric - Pulse 2.0
Primoris Services→PayneCrest Electric
Apr 1, 2026
DNOW has completed the acquisition of MRC Global, a industrial distribution business in Texas, for $2,820 million. DNOW acquisitions expand industrial distribution capabilities through MRC Global’s supply of industrial products and services for customers across U.S. markets. The DNOW acquires MRC Global merger acquisition strengthens DNOW’s industrial distribution footprint and supports industrials M&A growth in TX acquisitions. The strategic acquisition is an all-stock merger acquisition completed in November 2025, with annual merger cost synergies projected at $23 million and a $70 million three-year synergy commitment. DNOW is a strategic buyer pursuing industrials deals TX to accelerate integration and realize early synergy savings after the MRC Global ERP transition.
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Apr 1, 2026
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