Pike Purchases Pine Valley Power

By Eddie Staley
Benzinga Staff Writer
August 02, 2011 8:32 AM

Symbols: PIKE

Posted in: News, M&A

Pike Electric Corporation (NYSE: PIKE) announced its purchase of Pine Valley Power, Inc. based in Bluffdale, Utah.

Pine Valley Power provides construction and maintenance services to the transmission and distribution, renewable energy, industrial water and mining industries. Pine Valley generated revenue of approximately $25 million during the last 12 months. Michael Horan, Pine Valley Power's President, will retain that position.

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Pike Purchases Pine Valley Power

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