Horizon Underground, Inc.
Classification
Private
About
About
Horizon Underground, Inc. is a privately held infrastructure and utility contractor headquartered in Norco, California. The company focuses on underground utility construction across the Western U.S. The firm is licensed in California and Nevada (Class A/B general engineering contractor) Product & Service Line Breakdown: 1. Horizontal Directional Drilling (HDD) / Directional Boring - Trenchless installation of conduits, pipes, and cables across roads, rivers, and challenging terrains 2. Open Trench Construction (Open Cut Excavation) - Traditional trenching using backhoes or trenchers to install large-diameter pipelines or multiple conduits, with full-site prep and restoration 3. Hydro-Vacuum Excavation (Hydro-Excavation) - Non-destructive excavation utilizing pressurized water and powerful vacuum to expose utilities safely, even in frozen ground 4. Utility Service Locating & Verification - Detection of subsurface utilities using electronic locators, potholing, and conduit rodding/verifying for compliance and documentation 5. Conduit, Inner-Duct & Cable Installation - Placement of fiber, copper, coaxial, and inner duct systems within installed conduits 6. Micro-Trenching - Shallow trench cuts in pavement for high-density fiber or telecom installations 7. Utility Vault & Concrete Construction - Installation of utility vaults and related concrete structures as part of the underground system deployment 8. Saw-Cutting, Asphalt Restoration & Site Cleanup - Precision saw-cutting for trenches; asphalt patching and site restoration following construction 9. Project Management, Permitting & Route Planning - End-to-end services including estimation, scheduling, permit acquisition, route planning, and full project oversight 10. Turnkey Underground Infrastructure Projects - Full-service execution as prime contractor or subcontractor on utility infrastructure work, including telecom, energy, gas, solar, and railway systems
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private