Strategic Acquisition JMF Underground recently announced its acquisition by Delphi Infrastructure Group and MPE Partners. This indicates potential new capital, expanded project capabilities, and broader bid opportunities as the company integrates with larger platforms and access to additional pipeline and utility projects.

Expansion Potential With a strong foothold in directional drilling (HDD) across the east coast and a capability to drill 0–24 inches diameter up to 2500 feet, there is room to pursue larger-scale utility, oil/gas, telecom, and municipal projects, including expansions into new geographic markets and larger diameter installations.

Safety strengths JMF highlights a top-tier safety program with zero reportable incidents in three years, multiple full-time safety personnel, regular health and safety training, and field audits. This positions the company as a reliable partner for regulated projects and could open doors with utility clients prioritizing risk management and compliance.

Full-service HDD Beyond drilling, JMF offers engineering services, wireline guidance, vacuum excavation, HDPE fusion, natural gas handling, purge, gas up, and electrical termination. This makes them a potential one-stop contractor for utilities and oil/gas clients seeking integrated project execution.

Serving Diverse Markets JMF operates across telecommunications, municipal, and oil/gas sectors and services clients nationwide. This diversification provides cross-selling opportunities to utility companies, municipalities, and energy operators seeking reliable HDD and underground installation expertise.