About

History

Midas began as a small, family owned underground utility company known for its excellent work, quality customer service and efficient turnaround time. The underground utility services soon expanded and for more than 50 years the company was known as Midas Utilities, serving the Mid-Atlantic region with a full range of traditional dig and repair solutions. As the business grew, Midas began providing more non-traditional “trenchless” infrastructure, initially focused on pipe bursting and eventually adding bypass, CCTV and cleaning and manhole rehabilitation, among others. It was then that the idea of creating operating divisions was born, offering seamlessly integrated Utilities, Fluid and Trenchless Solutions services to address the specialized needs of water, sewer, and utilities infrastructure.

Our Growth

Since that expansion, Midas Utilities’ growth has taken the company into new markets and geographies. Now known simply as “Midas,” we provide a one-stop comprehensive suite of solutions for all your utility and piping infrastructure needs, including large industrial applications.

Midas offers highly specialized all-inclusive trenchless and traditional underground infrastructure services. These include, but are not limited to:

  • New and rehabilitation services
  • Complete site utilities
  • Trenchless solutions
  • Fluid solutions
  • Specialty services
  • Project estimating
  • System design/build
  • Permitting
  • Project management
  • Inspection/assessment
  • Post project clean-up

Where We Are

In addition to covering the Mid-Atlantic region, Midas has expanded its geographical footprint to include Florida, Indiana, Tennessee, the Carolinas and Colorado, among others, with more exciting growth ahead. Now offering services in the oil and gas, manufacturing, pharmaceutical and beverage industries, the company has increased its reach into the energy and industrial markets, in addition to its longstanding partnerships with federal, municipal and commercial customers.

What You Can Expect

What sets Midas apart from traditional infrastructure repair and rehabilitation companies is its full-suite service offerings, consistent, methodical approach to project management and its ability to provide more cost-effective solutions.

What it really comes down to is whether the job was done on time, under budget, and with the highest level of professionalism. No matter how large or small the project, Midas is in a unique position to provide the widest range of turn-key underground infrastructure solutions – safely, quickly, and cost-effectively.

Management Team

Dan Cathell – Chief Executive Officer

Dan brings nearly 20 years of domestic and international strategy, finance and management experience to his role as Chief Executive Officer, having worked with multinational corporations to oversee growth strategies, investments and corporate development, including completion of multimillion dollar mergers and acquisitions. Dan’s experience includes over $15 billion in total transaction value and the development of strategic finance and operational plans for companies in the construction, retail, and oil and gas industries. His previous experience includes work for the Carlyle Group implementing strategies to turnaround distressed investments. He also led the international strategy team for a large specialty chemical contractor and was a part of strategic corporate development with Home Depot. Dan joined Midas as its Chief Financial Officer in 2014, and was named Chief Executive Officer in 2017. In this role, he leads the development and execution of the company’s strategic vision and growth initiatives, serving to protect and strengthen the company’s vision, values and priorities.

Pierre-Luc Chicoine – Chief Financial Officer and Vice President of Human Resources

Pierre-Luc brings more than 20 years of financial and risk management experience to his role as Chief Financial Officer with Midas Companies. During this time, he worked primarily with large international constructions companies such as SNC-Lavalin and Canam and served in many senior leadership roles, managing multimillion dollar accounts and focusing efforts on fiscal responsibility, efficiencies, and management. His focus on transparency within an organization has been key to identifying time and cost saving measures within organizations. Pierre-Luc believes that the financial function within an organization is a support function that is primordial in providing a better customer experience.

Pierre-Luc will be responsible for all financial reporting, human resource and IT support. His goal is to provide support to the operational group for them to excel in their daily operations and exceed customer expectations.

Hank Norris – Vice President and National Trenchless Lead

Hank has nearly 25 years of experience in the trenchless industry, having worked with both municipal and industrial clients in middle market and national industries throughout the east coast. Hank’s understanding of the industry has parlayed into highly profitable work utilizing a variety of products and strategic partners. He was named Vice President of Operations in 2017 and became the National Trenchless Lead in 2018.

Chris Englebrake – Vice President and National Fluid Solutions Lead

Chris has nearly 10 years of experience in all phases of underground utility construction, including design, estimating and project management. Prior to joining Midas, Chris honed his expertise in business development before transitioning to construction, where he focused on underground utilities including natural gas, water, sewer, storm and other buried energy systems. As Vice President and National Fluid Solutions Lead, Chris has full P&L responsibility for the nearly $9 million annual bypass division, including work for both municipal and industrial asset owners.

Robert DePonte – Vice President and National Utilities Lead

With 35 years of water and sewer construction experience, Bob is a highly skilled Vice President and National Utilities Lead, overseeing all utilities projects from bid to completion. Prior to joining Midas, he spent over 20 years at Metra Industries as Vice President and also worked at Spiniello Companies, among other construction companies.

Matt Moser – Vice President of Operational Support

Matt began his career working for a civil engineering firm that specialized in geotechnical and structural engineering, with a focus on the observation, testing, and inspection of mass grading at utility construction sites. He later worked for a national homebuilder and was responsible for more than $100 million in land development procurement and site management budgets. Matt joined Midas to help manage the company’s ongoing expansion, and was named its Vice President of Operational Support in 2018.

David Ventresca – Special Advisor

David has spent the last 35 years in the site utilities and municipal infrastructure construction industry, and began his tenure with Midas in 1989. In 2009, he became the president of Midas Utilities and helped grow the company into what it is today. In 2017, he assumed the role of Special Advisor and remains close to the ground and informed on all Midas projects.