EMCOR Group has agreed to acquire P1 Construction, a mechanical and electrical contractor based in Lenexa, Kansas, in an all-cash transaction, the company said on 13 November 2026. Financial terms were not disclosed.
Why EMCOR Group, Inc. is buying P1 Construction, LLC
EMCOR said P1 adds mechanical and electrical capabilities and advanced fabrication across mission-critical end markets such as hyperscale data centres, advanced manufacturing and healthcare facilities. Chairman and chief executive Tony Guzzi called P1 an excellent fit for EMCOR.
“Becoming part of EMCOR marks an exciting new chapter for our company and our people.”
Deal terms and financing
EMCOR will pay cash from its balance sheet. P1 is expected to generate full-year 2026 revenue of US$600m to US$650m and adjusted EBITDA of about US$60m. It will become part of EMCOR's Mechanical Construction and Facilities Services segment and remain headquartered in Lenexa.
Regulatory approvals and timing
Closing is expected in the first quarter of 2027, subject to customary conditions and regulatory approvals.
Market context
Specialty contractors with data-centre exposure have been in demand as hyperscalers expand capacity; EMCOR bought Florida's Miller Electric for US$865m in 2025.
