Horizontal Boring & Trenchless Utility Construction | Metro Atlanta, Georgia
Founded in 2011 by two industry veterans with more than 50 years of combined field experience, Boring Company became a specialized horizontal boring and utility installation contractor serving some of Georgia's largest metropolitan areas.
The company focused on horizontal casing bores, horizontal directional drilling, and related excavation for water, sewer, and storm-drain infrastructure. Working primarily as a subcontractor to general contractors, infrastructure builders, developers, and public agencies, it served more than 200 long-term clients across four of the five most populous counties in the Atlanta region.
Roughly 80% of its work came from repeat customers, and no single client represented more than 10% of revenue. Its project history included technically demanding work tied to a major Atlanta stadium, the world's busiest airport, and a two-year port expansion project along Georgia's I-16 and I-95 corridor.
The company was owned equally by its two founding partners, but their goals had diverged. One partner wanted to leave the business and move into a different industry.
The other partner, who held the company's utility manager license, wanted to remain involved, roll equity into the transaction, and participate in the company's next stage of growth. The sale therefore needed to create a full exit for one owner while preserving licensing continuity and a meaningful future stake for the other.
Sunbelt Atlanta, with the transaction led by Dealmaker Doreen Morgan, guided ownership through valuation and confidential marketing while presenting the company to strategic acquirers, private equity groups, and other financial buyers active in utility and civil infrastructure.
In total, 114 qualified buyers engaged in the process, with the company's identity protected throughout.
That outreach produced five letters of intent, giving the partners multiple offers to compare across value, structure, and strategic fit. The transaction closed six months after the company went to market.
Ownership selected Consolidated Boring Group, an affiliate of Reeves Young. Heavy civil infrastructure is a major part of Reeves Young's business, making a horizontal boring contractor a natural strategic fit. For the continuing partner, joining a larger, well-capitalized organization created a platform to keep growing the company while rollover equity allowed him to participate directly in future upside.
Reeves Young gained an experienced specialty team capable of handling technically demanding boring work within its own group rather than outsourcing that capability. Bringing the function in-house offered more control over schedule, quality, and cost, while Boring Company gained access to a larger pipeline of infrastructure projects.
This was not simply a financial acquisition. The buyer already operated in heavy civil infrastructure and could use Boring Company's specialty capabilities across its own project pipeline.
The water, sewer, and utility construction market is supported by aging infrastructure, population growth, public investment, and a growing preference for trenchless installation methods that reduce surface disruption and restoration costs.
Recent infrastructure funding, including the Infrastructure Investment and Jobs Act, adds further momentum, while trenchless methods continue gaining share because they can reduce disruption, erosion, and restoration requirements. In a fragmented regional market, established specialty contractors with strong local relationships can become attractive strategic acquisition targets.
Boring Company's story shows what's possible when the right buyer structure can satisfy different ownership goals while giving the business a stronger platform for future growth. Sunbelt Atlanta runs confidential, competitive sale processes for privately held companies with no upfront fees.
Since 1998, Sunbelt Atlanta has helped business owners across Georgia and the Southeast sell their companies confidentially and on their own terms. With more than 1,250 businesses sold, a no-upfront-fee, success-driven approach, and experience across industries including horizontal boring and utility infrastructure construction, Sunbelt Atlanta's Dealmakers guide owners through every stage of a sale, from valuation through closing.
Owners of utility, boring, and infrastructure contracting companies who are considering a sale, whether now or a few years down the road, are welcome to begin with a confidential conversation about their options.