JMF Underground Inc

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JMF Underground Inc - overview

Established

2008

Location

Mechanicsburg, PA, US

Primary Industry

Construction

About

JMF Underground Inc is a US-based company specializing in underground services for utility installation, maintenance, and repair, employing trenchless technology to ensure minimal disruption to the environment. Founded in Mechanicsburg, US in 2008, JMF Underground Inc provides essential underground utility services. The company has completed one major deal, with the most recent occurring on June 18, 2025, when it was acquired by Delphi Infrastructure Group, a portfolio company of Precision Pipeline, LLC. JMF Underground specializes in a variety of underground utility services addressing installation, maintenance, and repair needs.


Core offerings include trenchless technology solutions for pipelines and cable installations, minimizing site disruption. Clients include local government agencies, construction firms, and utility companies, primarily serving the northeastern and mid-Atlantic regions of the United States. JMF Underground generates revenue through direct service contracts with various clients, including municipalities and private construction entities, employing fixed-price contracts or time-and-material agreements. Revenue is largely B2B-focused, enhancing relationships through repeat business and referrals.


Following its acquisition on June 18, 2025, by Delphi Infrastructure Group, the company aims to enhance its construction capabilities and accelerate growth. Future strategies include launching new products and expanding into additional geographic regions, supported by the acquisition's rationale to strengthen operational capabilities.


Current Investors

Delphi Infrastructure Group

Primary Industry

Construction

Sub Industries

Oil & Gas, Water & Sewer Utilities, Construction

Website

www.jmfunderground.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

JMF Underground Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedJMF Underground Inc-

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