"This name change better reflects our structure and strategy of acquiring service companies in the utility and communications market," said Rick Barrett, Crestone's CEO.

Sure Shot Holdings was formed with the acquisition of Sure Shot Drilling in 2015 and has completed four additional acquisitions. "For two decades the Sure Shot name has stood for the safe and efficient installation and maintenance of underground utilities, and that legacy will continue under the Crestone Services Group name," Barrett added.

No other aspects of the company, including management structure, staff, administration, or services are changing. Current contracts and subcontracts are unaffected by the name change.

Barrett commented: "We are proud of the high-quality businesses and dedicated employees that form Crestone Services Group. We look forward to continuing our growth and delivering critical services to our valued customers."