Cardinal Infrastructure Group announced the acquisition of Piedmont Pipe Construction, a wet utilities provider serving North and South Carolina. Founded in 1999 and headquartered near Charlotte, North Carolina, Piedmont specializes in wet utility construction services. Following the transaction, Piedmont will operate under the Cardinal Civil Contracting brand.
The acquisition expands Cardinal Infrastructure Group’s presence and capabilities in the Charlotte metropolitan area, one of the Southeast’s fastest-growing markets. The company said the transaction aligns with its strategy of increasing density in existing high-growth regions while strengthening vertical integration across its operations.
Cardinal noted that adding Piedmont’s wet utility-focused crews enhances its self-performing workforce and increases its ability to serve infrastructure and site development projects throughout the Charlotte region at a larger scale.
Cardinal Infrastructure Group is a full-service infrastructure services provider focused on civil and site development solutions across high-growth markets in the Southeastern United States. The company operates through a self-performing business model supported by skilled labor, specialized equipment fleets, and subsidiary businesses, enabling turnkey project execution and long-term client relationships.
KEY QUOTES:
“We are pleased to welcome Piedmont to the Cardinal family. This acquisition is a clear example of our tuck-in strategy building density in our existing high-growth regions and deepening vertical integration. The addition of Piedmont’s wet utility-focused crews strengthens our robust, owned labor force and positions us to better serve growth across the Charlotte metro area at greater scale. We welcome the entire Piedmont team to Cardinal and look forward to what we will build together.”
Jeremy Spivey, Chairman and Chief Executive Officer, Cardinal Infrastructure Group
