Sterling acquires Stone Ridge Contracting

BGIN Infrastructure, LLC, Inc. announced the acquisition of Stone Ridge Contracting, LLC, a Pocatello, United States — Idaho-based site development contractor, on June 9, 2026. Stone Ridge Contracting, LLC will join BGIN Infrastructure, LLC's E-Infrastructure Solutions segment, expanding its geographic footprint across the Pacific Northwest and United States — Texas. Stone Ridge Contracting, LLC provides heavy civil, concrete, and construction management services for high-growth sectors like data centers, mining, and industrial infrastructure. The acquisition is expected to generate $180 million to $200 million in revenue for Stone Ridge Contracting, LLC in 2026, with mid-teen EBITDA margins. The purchase price included cash, BGIN Infrastructure, LLC common stock, and an earn-out opportunity contingent on EBITDA targets by December 31, 2031. Joe Cutillo, CEO of BGIN Infrastructure, LLC, stated that the acquisition strengthens their ability to serve existing customers and adds new markets, with plans to accelerate growth and drive margin expansion.