Jones Walker represented Sterling Infrastructure, Inc. (NASDAQ: STRL) in its acquisition of Stone Ridge Contracting, LLC, which was announced on June 9, 2026.

Stone Ridge is a leading, non-union contractor delivering heavy civil, concrete, and construction management services across high-growth sectors including data centers, mining, and industrial infrastructure. The transaction strengthens Sterling's E-Infrastructure geographic footprint across the Pacific Northwest and Texas, which have been key focus areas for strategic geographic expansion. The Stone Ridge service area includes Idaho, Oregon, North Dakota, Washington, and Texas. Stone Ridge is expected to generate full-year 2026 revenue in the range of $180 million to $200 million and EBITDA margins in the mid-teens, consistent with well-run site development contractors of similar scale.

The transaction was led by M&A partners Allison Bell and Zack Montgomery, together with associates John Zimmer and Ryan Flood, and included critical contributions from partners Thomas Kimball, Alex Layfield, Mark Cunningham, Jennifer Kogos, Tim Brechtel, Trevor Wilson, and Amy Scafidel; special counsel Mary Ellen Jordan; and associates Rachel Solino and Emily Vorhoff. Read more about the acquisition in the Sterling press release.