Acquisition Opportunity With recent acquisition by Delphi Infrastructure Group and MPE Partners, there is an expanded regional footprint and potential cross-sell of HDD and underground utility services to new and existing Delphi and MPE portfolio companies.

Industrial Partnerships JMF’s specialization in directional drilling for utilities, oil and gas, telecom, and municipal projects positions them for collaboration with utility companies, pipeline operators, and energy infrastructure firms seeking trenchless installation and maintenance capabilities.

Expansion Readiness The company operates multiple HDD rigs and offers engineering, vacuum excavation, HDPE fusion, and gas handling services, suggesting opportunities to upsell expanded trenchless solutions on larger pipeline, gas, or telecom expansion projects.

Safety as differentiator JMF emphasizes safety excellence with a multi-year track record of zero reportable incidents and robust training, a strong buyer signal for clients with strict regulatory and safety requirements.

Growth signals Revenue range and a history of repeat client engagements indicate stable demand; combined with ownership changes, there may be budget realignments and new initiative funding that sales teams can align with during outreach.