• Ace & Company backed DiPonio Contracting to expand its underground infrastructure repair and replacement business.
• DiPonio generates about 95% of revenue from modernization work rather than new development, targeting water, sewer, stormwater, power infrastructure.
• Michigan mandate to replace more than 510,000 lead or galvanized service lines through 2041 underpins long-duration demand.
• Deal led by Evolution Strategy Partners, an independent sponsor with a long-standing relationship with ACE.
• AI deployment to target estimating, scheduling, fleet maintenance, documentation; field execution remains crew-led.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ace & Company SA published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.