Acquisition Opportunity United Locating Services was acquired by Sparus Holdings in November 2022, indicating a potential cross-sell of Sparus’ outsourced field and professional services to existing customers and a strategic pathway to expand service offerings.

National Footprint Operating across multiple states (Montana, Minnesota, South Dakota, Texas) and with a large regional presence, there is potential to scale existing offerings or introduce new utility locating and damage prevention services to a broader customer base.

Revenue Scale With estimated revenue in the 250-500 million range, there is significant budget visibility for integrated solutions, managed services, or enterprise-wide safety and compliance programs.

Tech Enablement A tech stack centered on SQL Server, ServiceNow, Jira, and KnowBe4 suggests opportunities to upsell IT-enabled solutions such as workflow automation, asset and incident management, regulatory/compliance training, and risk assessments.

Industry Fit As a utility locating and damage prevention provider in the utilities sector, there are strong fits for partnerships or contracts with infrastructure owners, municipalities, and utility operators seeking reliability, safety, and proactive locating services.