<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: DECEMBER 20, 1999
QUANTA SERVICES, INC.
(Exact name of registrant as specified in its charter)
Delaware 001-13831 74-2851603
(State or other jurisdiction) (Commission (IRS Employer
of incorporation File Number) Identification No.)
1360 Post Oak Boulevard, Suite 2100
Houston, Texas 77056
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 629-7600
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ITEM 5. OTHER EVENTS.
Quanta Services, Inc. is filing this report on Form 8-K to provide
additional details about its sales of unregistered securities during the period
from January 1, 1999 until September 30, 1999. In the first nine months of
1999, the Company completed 30 acquisitions in which some or all of the
consideration was unregistered securities of the Company. The aggregate
consideration paid in these transactions was $273.6 million in cash and notes
and 8.8 million shares of Common Stock. The Company considers the acquisitions
of H. L. Chapman Pipeline Construction, Inc., H. L. Chapman Pipeline Leasing
Co., Inc., Austin Trencher, Inc. and Sullivan Welders, Inc. to be one
acquisition as these companies were all part of a related business. None of the
other acquisitions were affiliated with each other prior to acquisition by the
Company. Additionally, the Company sold shares of its Series A Preferred Stock
in an unregistered transaction in September, 1999.
Except for the sale of Series A Preferred Stock to UtiliCorp United
Inc. on September 21, 1999, all securities listed on the following table were
shares of Common Stock. The Company relied on Section 4(2) of the Securities
Act of 1933, as amended, as the basis for exemption from registration. The
shares of Series A Preferred Stock are convertible into 6,200,000 shares of
Common Stock, subject to adjustment as set forth in the Company's Certificate of
Designations. For all issuances, the purchasers were "accredited investors" as
defined in Rule 501 promulgated pursuant to the Securities Act of 1933, as
amended. All issuances, other than the issuance of Series A Preferred Stock,
were to the owners of businesses acquired in privately negotiated transactions,
not pursuant to public solicitation. The issuance of Series A Preferred Stock
was negotiated with one purchaser as part of a strategic alliance and not
pursuant to a public solicitation.
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<TABLE>
<CAPTION>
NUMBER OF
DATE SHARES PURCHASERS CONSIDERATION
----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
2/3/99 22,178 Sole owner of Tip Top Acquisition of Tip Top Arborists,
Arborists, Inc. Inc.
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2/12/99 433,018 Three owners of R.A. Acquisition of R. A. Waffensmith &
Waffensmith & Co., Inc. Co., Inc.
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2/12/99 438,560 Five owners of Dillard Smith Acquisition of Dillard Smith
Construction Company Construction Company
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2/12/99 263,665 Five owners of The Ryan Acquisition of The Ryan Company,
Company, Inc. Inc.
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2/16/99 666,948 Four owners of Northern Line Acquisition of Northern Line
Layers, Inc. Layers, Inc.
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3/3/99 113,367 Four owners of Western Acquisition of Western
Directional, Inc. Directional, Inc.
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Seven owners of Valverde Acquisition of Valverde
3/9/99 396,040 Communications, Inc. and VCI Communications, Inc. and VCI
Telcom, Inc. Telcom, Inc.
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3/23/99 168,618 Two owners of P.D.G. Electric Acquisition of P.D.G. Electric
Company Company
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4/15/99 430,990 Sole owner of Tom Allen Acquisition of Tom Allen
Construction Company Construction Company
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5/12/99 54,039 Two owners of TTM, Inc. Acquisition of TTM, Inc.
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5/14/99 35,907 One owner of Seaward Acquisition of Seaward Corporation
Corporation
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Three owners H. L. Chapman Acquisition of H. L. Chapman
5/14/99 639,841 Pipeline Construction, Inc. Pipeline Construction, Inc. and H.
and H. L. Chapman Leasing L. Chapman Leasing Co., Inc.
Co., Inc.
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5/14/99 19,893 Three owners of Austin Acquisition of Austin Trencher,
Trencher, Inc. Inc.
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5/14/99 6,492 Two owners of Sullivan Acquisition of Sullivan Welders,
Welders, Inc. Inc.
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Sole owner of Driftwood Acquisition of Driftwood
5/14/99 232,258 Electrical Contractors, Inc. Electrical Contractors, Inc. and
and The 27 Digging Company The 27 Digging Company
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5/28/99 183,136 Two owners of GEM Engineering Acquisition of GEM Engineering
Co., Inc. Co., Inc.
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6/15/99 266,667 Sole owner of W.C. Acquisition of W.C.
Communications, Inc. Communications, Inc.
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7/9/99 13,206 Sole owner of Specialty Acquisition of Specialty Drilling
Drilling Technology, Inc. Technology, Inc.
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</TABLE>
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<TABLE>
<CAPTION>
NUMBER OF
DATE SHARES PURCHASERS CONSIDERATION
----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Two owners of Sky Antenna Acquisition of Sky Antenna
7/15/99 640,820 Systems, Inc. and North Systems, Inc. and North Pacific
Pacific Utility Contractors, Utility Contractors, Inc.
Inc.
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7/21/99 17,682 Sole owner of Taylor Built, Acquisition of Taylor Built, Inc.
Inc.
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7/22/99 17,766 Sole owner of Allmat, Inc. Acquisition of Allmat, Inc.
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7/23/99 44,735 Sole owner of Utilco, Inc. Acquisition of Utilico, Inc. and
and Utilco Constructors, Inc. Utilco Constructors, Inc.
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7/23/99 20,418 Two Owners of Intermountain Acquisition of Intermountain
Electric, Inc. Electric, Inc.
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8/13/99 2,034,849 Sole owner of Crown Fiber Acquisition of Crown Fiber
Communications, Inc. Communications, Inc.
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8/13/99 192,269 Sole owner of T.H. Cable Acquisition of T.H. Cable
Construction, Inc. Construction, Inc.
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8/13/991 160,224 Sole owner of World CATV Acquisition of World CATV
Communications, Inc. Communications, Inc.
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8/26/99 239,234 Four owners of W.C.E., Inc. Acquisition of W.C.E., Inc.
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8/27/99 28,326 Sole owner of Computapole, Acquisition of Computapole, Inc.
Inc.
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9/15/99 702,439 Sole owner of Haines Acquisition of Haines Construction
Construction Company Company
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9/21/99 1,860,000 UtiliCorp United Inc. $186,000,000
Series A
Preferred
Stock
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9/22/99 122,378 Two owners of Ranger Acquisition of Ranger Directional,
Directional, Inc. Inc.
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9/22/99 58,145 Two owners of Hudson & Acquisition of Hudson & Poncetta,
Poncetta, Inc. Inc.
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Three owners of Renaissance Acquisition of Renaissance
Construction, Inc., Construction, Inc., Renaissance
9/22/99 124,188 Renaissance Construction of Construction of Utah, Inc. and
Utah, Inc. and Renaissance Renaissance Construction of
Construction of Nevada, Inc. Nevada, Inc.
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</TABLE>
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
QUANTA SERVICES, INC.
Date: December 20, 1999 By: /s/ Brad Eastman
-----------------------------
Brad Eastman
Vice President, Secretary and
General Counsel
