IPO Company Profile
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Quanta Services, Inc.
3555 Timmons Lane, Suite 610, Houston, TX 77027 * (713) 629-7600

The company was founded in August 1997 to create a leading provider of specialty electrical contracting and maintenance services primarily related to electric and telecommunications infrastructure in North America.

Primary Underwriting Group
ManagerTierPhone
BT Alex BrownLead Manager (410) 727-1700
BancAmerica Robertson StephensCo-manager (415) 989-8500
Sanders Morris Mundy Inc.Co-manager (713) 250-4281

Offering Information
NYSE:PWR Construction: SIC 1731
Type of Shares:Common Shares Filing Date:12/22/97
U.S. Shares:5,000,000 Offer Date:2/11/98
Non-U.S. Shares:0 Filing Range:$8.00 - $10.00
Primary Shares:5,000,000 Offer Price:$9.00
Secondary Shares:0 Gross Spread:$0.63
Offering Amount: $45,000,000 Selling:$0.37
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:15,872,333
Employees:95

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Jackson & Walker
Bank's Law Firm: Piper & Marbury
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 9/30/97 9/30/97
Revenue:$108.14$108.67Assets:$125.84
Net Income:$3.09$7.35Curr Assets:$40.42
EPS:$0.20$0.46Liabilities:$69.59
Prior EPS:Curr Liab:$59.90
Cash Flow/Oper:Equity:$56.26
Cash Flow/Fin:Cash:$2.13
Cash Flow/Inv:Working Cap:-$19.47

Use of Proceeds
The proceeds from the proposed offering will be used to pay the cash portion of the purchase price of the Founding Companies, to repay all or a portion of debt of the Founding Companies, to repay expenses incurred in connection with the organization of Quanta and the Offering and for general corporate purposes.

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