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Satterfield & Pontikes Construction acquires Fort Worth firm

December 28, 2021

Houston-based Satterfield & Pontikes Construction announced the acquisition of Eagle Contracting, a privately held Fort Worth-based general contractor specializing in the water and wastewater industry. Terms were not disclosed.

The company will continue to operate under the Eagle Contracting name and be led by Roy Ewen, president, and Billy Haynes, vice president, who will join the S&P executive team. Eagle Contracting was founded in 1987 and employs 150 people.The acquisition expands Satterfield & Pontikes’s footprint in Texas and adds a sixth specialty construction subsidiary along with Rollcon, Westway Construction, Greco Structures, Pontikes Development and Rocket Concrete Pumping. Satterfield & Pontikes has offices in Houston, Dallas, Austin and San Antonio.“Satterfield & Pontikes is very pleased to have Eagle join our family of companies,” Satterfield & Pontikes President Clay E. Morel said in an announcement last Monday.  “Water is a critical piece of the overall infrastructure equation and it is now an important part of our business.”

The deal will also facilitate Eagle Contracting's expansion beyond North Texas, according to Ewen.

Founded in 1989, privately held Satterfield & Pontikes provides pre-construction, construction and consulting services across a variety of industries.

By Katherine Feser, Houston Chronicle
https://www.houstonchronicle.com/business/article/Satterfield-Pontikes-Construction-acquires-Fort-16732143.php?sid=599cec0924c17c50392c0b20&utm_source=newsletter&utm_medium=email&utm_content=news_a&utm_campaign=HC_MorningReport