Electrical Services Acquisitions in United States

Herzig Engineering, a national electrical safety and compliance services firm backed by Copley Equity Partners, acquired Martin Technical, Inc., a provider of lockout/tagout, arc flash, and electrical reliability and safety services. The combination expands Herzig’s national coverage and adds capabilities in arc flash, infrared inspections, and lockout/tagout services. Financial terms were not disclosed.

The State Group Industrial (USA) Limited, a portfolio company of funds managed by Apollo, acquired Ruder Electric, Inc., an electrical contractor based in Kankakee, Illinois. The acquisition adds Ruder Electric’s union electrician workforce and capabilities in electrical construction and maintenance, fire/security/communications, utility, and safety systems, expanding The State Group’s footprint in Central and Northern Illinois.

CORE Industrial Partners portfolio company IMMEC, LLC made a strategic investment in Helton Electrical Services, LLC, a Georgia-based provider of electrical, utility, and HVAC repair, maintenance, and installation services. Helton will continue operating under its existing leadership team while gaining access to IMMEC’s resources and broader platform to expand service capabilities and geographic coverage.

H&MV Engineering, a high-voltage electrical engineering and construction services provider backed by Exponent, acquired Cooke Power Services, a Texas-based power infrastructure firm specializing in substation construction, testing, and maintenance. The deal is intended to strengthen H&MV Engineering’s U.S. presence—particularly across the Midwest and Southwestern regions—while Cooke Power Services retains its local leadership and workforce.

Truelink Capital acquired a majority stake in Prime Electric, a West Coast electrical contracting and low-voltage services provider. WestView Capital Partners sold its majority stake after partnering with the company since July 2021, and transaction terms were not disclosed.

Allied Services Group ("Allied"), a Bear Castle Capital portfolio company, acquired Substations, Inc. ("SSI"). Founded in 2013, SSI provides high-voltage substation and switchyard installation, modification, and maintenance services (up to 500 kV), expanding Allied’s service capabilities and footprint into Texas and the South-Central United States.

The State Group Industrial (USA) Limited (The State Group), a portfolio company of funds managed by Apollo, announced it has acquired J&J Electric of Indiana, Inc., a Kokomo, Indiana-based electrical contractor. J&J Electric provides electrical construction and maintenance and related systems work across Central Indiana and the Midwest, expanding The State Group’s footprint in Central and Northern Indiana.

Kiely Family of Companies (KIELY) announced the acquisition of Sodon Electric, an electrical contractor based in Monmouth County, New Jersey. The deal expands KIELY’s electrical services platform and represents its second electrical company addition since 2024.

Bear Castle Capital launched a new electrical services platform, Allied Services Group, concurrent with its acquisition of Colstrip Electrical, Inc. (CEI). CEI provides engineering, design, installation, repair and monitoring services for complex electrical systems across multiple end markets, and its management team will remain in place as Allied pursues a national build-out strategy.

MFG Partners, a New York-based private equity firm, announced an investment in Regency Electric, LLC, a commercial electrical contractor serving the Denver Metro and Front Range areas of Colorado. Regency’s leadership team, led by Dave Seifried Jr. and Ryan Seifried, will retain significant equity and continue managing day-to-day operations as the company pursues its next phase of growth.

Norlee Group, a portfolio company of Heartwood Partners, acquired Inter-Bay Electric Company (IBE), an electrical construction contractor based in Tampa, Florida. The deal closed on November 5, 2025, and expands Norlee’s electrical and mechanical services footprint across Florida and the broader Southeast.

Hitachi Energy entered a strategic partnership with Blackstone Energy Transition Partners and agreed to acquire a minority stake in Shermco, an electrical infrastructure services provider recently acquired by private equity funds affiliated with Blackstone. The investment is intended to expand and strengthen Hitachi Energy’s Service business and scale Shermco’s maintenance, testing, commissioning, and design capabilities supporting the reliability and safety of North America’s power grid.

Blackstone’s private equity funds, including Blackstone Energy Transition Partners and Blackstone’s private equity strategy for individual investors, acquired Shermco from Gryphon Investors in a transaction valued at approximately $1.6 billion. Shermco, founded in 1974 and headquartered in Irving, Texas, provides electrical testing, engineering, commissioning, maintenance, and repair services supporting mission-critical electrical infrastructure for data centers, utilities, and industrial customers. Under Gryphon’s ownership since 2018, Shermco expanded through organic growth and more than a dozen add-on acquisitions.

Force Electrical Services, a provider of repair and maintenance services for electrical transmission and distribution infrastructure, received a growth investment from private equity firm SkyKnight Capital. Force’s founder will remain a significant shareholder and the existing management team will continue to lead the business as it expands service offerings and capabilities.

Midway Electric announced a new local partnership in which Savannah Rush, a Missouri-native business leader, joins founders Brandon and Michele Spry to support the company’s long-term growth while maintaining local ownership. The transaction positions Midway Electric to continue expanding its residential and commercial electrical services footprint across Mid-Missouri and potentially pursue future acquisitions in the region.

GreenArrow, through its California subsidiary Bear Electrical Solutions, has acquired Earthbound Electric, a California-based provider of transportation electrical services. Earthbound builds and maintains traffic signals, streetlights, intelligent transportation systems, and airport lighting for municipalities in San Luis Obispo and Santa Barbara counties. The acquisition expands GreenArrow’s coverage in California as part of its add-on acquisition strategy.

Norlee Group (NLG), backed by Heartwood Partners, acquired Beaumont Electric Company, a Naples, Florida-based electrical contracting and services firm. The deal closed on September 30, 2025 and supports Norlee Group’s strategy to expand integrated electrical and mechanical capabilities across Florida and the broader Southeastern United States. Transaction terms were not disclosed.

Commonwealth Electrical Technologies (CET) acquired NuWave Energy Solutions, a design/build energy-efficiency and energy-conservation firm headquartered in Norwell, Massachusetts. The deal expands CET’s energy-solutions capabilities across commercial, industrial, and institutional markets and represents CET’s first acquisition since Broad Sky Partners became its majority investor in February 2025. Financial terms were not disclosed.

Langford Electric (LEI), an electrical contracting services provider headquartered in Greenville, South Carolina, has been acquired by ICS Holding. ICS Holding is a portfolio company of Stellex Capital, and transaction terms were not disclosed.

ArchKey Solutions announced that it has acquired Orlando Diefenderfer Electrical Contractors to expand ArchKey’s electrical contracting and integrated facilities services capabilities. Founded in 1920 and headquartered in Allentown, Pennsylvania, Diefenderfer specializes in electrical contracting and service in the Lehigh Valley region and will join the ArchKey platform to broaden regional footprint and scale service offerings.

Platform Ventures acquired Staco Electric Construction Company, a Kansas City, Missouri-based full-service electrical contractor serving commercial and industrial clients. The deal marks Platform’s entry into the specialty construction services sector and positions Staco to continue expanding its electrical infrastructure and related technology services across multiple end markets.

Sterling Infrastructure, Inc. completed its previously announced acquisition of CEC Facilities Group, LLC, a specialty electrical and mechanical contractor headquartered in Irving, Texas. CEC will join Sterling’s E-Infrastructure Solutions segment, expanding Sterling’s mission-critical electrical contracting capabilities supporting sectors such as data centers and semiconductor manufacturing.

Solaris Energy Infrastructure, Inc. acquired HVMVLV, LLC, a specialty provider of complex, fast-turnaround electrical control and power distribution equipment and related design/engineering services. The business was acquired from existing management, who will remain with Solaris to support its Power-as-a-Service strategy and expand capabilities in power distribution and voltage regulation for mission-critical loads.

Potawatomi Ventures acquired Lyons Electric, a full-service commercial and industrial electrical contractor headquartered in Delafield, Wisconsin. The deal expands Potawatomi Ventures’ Emerging Technologies Group and broader energy services platform, with Lyons Electric’s existing leadership expected to remain in place and operations continuing uninterrupted.

Loenbro, LLC acquired Weifield Group, a Colorado-based electrical services provider with operations across the Mountain West, Texas, and Tennessee. The deal expands Loenbro’s electrical services capabilities and broadens its geographic reach in mission-critical infrastructure end markets, with Braemont Capital supporting the transaction as Loenbro’s investment partner.

McDonald Electrical Corporation acquired ANJ Electric, a union electrical contractor serving Rhode Island and Connecticut, to expand its regional footprint beyond Massachusetts and enhance multi-state service capabilities across the Northeast. ANJ Electric will continue operating under its existing name as a division of McDonald Electrical, with its local leadership team remaining in place.

RapidFire Safety & Security acquired Tri-X, a fire and security (low-voltage) systems integrator founded in 1988 and headquartered in San Dimas, California. The acquisition enhances RapidFire’s security and fire alarm capabilities and expands its footprint across Southern California, marking RapidFire’s 10th acquisition in California.

Shermco Industries, a provider of electrical testing, engineering, maintenance, and repair services, acquired Eastern High Voltage, Inc. (EHV), a NETA-accredited electrical testing and field services company. EHV is based in Robbinsville, New Jersey, and the deal expands Shermco’s presence in the U.S. Northeast; terms were not disclosed. Shermco is majority-owned by private equity firm Gryphon Investors.

Mosaic Capital Partners LLC announced an investment in the newly formed IE Group Holdings, Inc. (Ickler Electric) ESOP. Ickler Electric, a commercial electrical contractor headquartered in Poway, California, will continue to be led by President and CEO Randy Minnier. UMB Bank and Lafayette Square participated as financial partners in the transaction.

Blue Point Capital Partners and its portfolio company Pinnacle MEP acquired Hammans Electric, Inc., a licensed electrical contractor providing commercial and industrial services in the Indianapolis area. The deal adds electrical capabilities and expands Pinnacle MEP’s Indiana presence as part of its broader Midwest trade-services buy-and-build strategy.

Integrated Openings Solutions (IOS) acquired Triad Security Group Inc., an integrated security solutions provider based in Davie, Florida. The acquisition expands IOS’s access control, surveillance, and security integration capabilities and strengthens its presence in the Southeast. Triad’s leadership team will remain involved in day-to-day operations following the transaction.

Integrated Power Services (IPS) acquired Power Systems Testing Company (PST), effective May 1, 2025, to expand its NETA field services capabilities and West Coast footprint. PST is a California-based power systems testing and field services provider headquartered in Livermore, with additional locations in Fresno and Santa Ana.

nVent Electric plc completed its acquisition of Avail Infrastructure Solutions' Electrical Products Group (enclosures, switchgear and bus systems businesses) for $975 million, funded by cash on hand. The deal expands nVent’s electrical infrastructure solutions offerings across end markets including power utilities, data centers and renewables, and will be operated primarily within nVent’s Systems Protection segment.

MKD Electric, LLC, a portfolio company of Hastings Equity Partners, has acquired Sea-Tac Electric, a Seattle-based electrical contractor. The acquisition expands MKD Electric’s geographic footprint into the Pacific Northwest and strengthens its capabilities as a large non-union electrical contractor serving industrial and commercial customers.

Lion Power Services LLC, a subsidiary of Mammoth Energy Services, sold all equity interests in its wholly owned infrastructure subsidiaries 5 Star Electric, Higher Power Electrical and Python Equipment to Peak Utility Services Group for $108.7 million. Lion received $98.3 million in cash at closing, with $10.4 million placed into escrow for post-closing adjustments and indemnified liabilities.

AMPAM Parks Mechanical, a portfolio company of Gemspring Capital, acquired Seal Electric, an electrical services provider focused on multifamily residential projects. The deal expands AMPAM’s capabilities into electrical services, creating an integrated multifamily-focused MEP provider in California; terms were not disclosed.

An affiliate of Paceline Equity Partners made a $40 million preferred equity investment in Kassel Mechanical Holdings as part of a broader recapitalization. The investment is intended to support Kassel’s add-on acquisition of Arrow Electric, an electrical contractor based in Pennsylvania.

Loenbro, LLC acquired Stewart Electric, a Nevada-based non-union electrical services provider focused on the data center market. The deal expands Loenbro’s mission-critical data center capabilities and geographic footprint across the United States, with support from its investment partner Braemont Capital; financial terms were not disclosed.

White Mountains Partners (WMP), an operating company of White Mountains, acquired a majority interest in Enterprise Electric, LLC d/b/a Enterprise Solutions, a specialty electrical contracting services provider. Headquartered in Nashville, Tennessee, Enterprise Solutions designs, engineers, prefabricates, and installs electrical infrastructure for commercial and institutional end markets including healthcare, manufacturing, education, and data centers. The investment is positioned as WMP’s inaugural platform acquisition, with the company planning to pursue geographic expansion and bolt-on acquisitions.

DaisyCo Inc. (Daisy) acquired Millennium Systems Design, Inc. (MSD), a provider of premium audio/video and low-voltage systems integration solutions for homes and businesses in Central Florida. The transaction closed on February 3, 2025, with MSD joining Daisy’s national home and small business technology installation and services platform.

Guardian Fire Protection Services acquired Maffey's Security Group, a family-owned security and locksmith company based in Elizabeth, New Jersey. The transaction closed on March 31, 2025, with Generational Group serving as advisor to Maffey's Security Group.

Del-Air Plumbing, Air Conditioning, Electric acquired Keystone Energy & Power Corporation, an Orlando-based electrical contractor focused on large-scale residential new construction projects. The deal expands Del-Air’s Residential New Construction (RNC) division and strengthens its electrical contracting capabilities for homebuilders and residential developments.

Oak Electric Service Holding LLC (a ShoreView Industries portfolio company) acquired Great Lakes Electric (GLE), an electrical solutions provider. Northstar Capital provided debt and an equity co-investment to support ShoreView/Oak Electric in financing the add-on acquisition, which expanded Oak Electric into a new geography and diversified its service offerings; terms were not disclosed.

Broad Sky Partners made a strategic investment in Commonwealth Electrical Technologies (CET), a Worcester, Massachusetts-based electrical contractor and energy solutions provider serving the Northeastern United States. The partnership is intended to help CET accelerate growth, broaden service offerings across electrical services and energy-related markets, and pursue strategic M&A. Financial terms were not disclosed.

Amped Electric, a portfolio company of Evolution Strategy Partners, acquired LEED Electric, Inc., an electrical contracting firm serving the Charlotte, North Carolina market. The sellers, owners Theresa and John Gilmer, pursued the sale as part of a retirement plan, with John Gilmer remaining to support a smooth transition. Viking Mergers & Acquisitions advised LEED Electric on the transaction.

Shermco Industries, an electrical testing, engineering, maintenance, and repair services provider majority-owned by Gryphon Investors, acquired Power Products and Solutions (PPS), a NETA-accredited electrical testing and maintenance provider and PEARL-certified breaker reconditioning specialist based in Charlotte, North Carolina. The deal is intended to expand Shermco’s capabilities and approximately double its service capacity in the Charlotte area, strengthening coverage across the Carolinas and the broader Southeast. Financial terms were not disclosed.

The E-J Group announced the acquisition of EC Electric, a full-service electrical contractor headquartered in Portland, Oregon. The deal expands E-J Group’s West Coast presence and strengthens capabilities in mission-critical projects including data centers and chip plants. EC Electric will retain its name and leadership team, with Andrew Beyer continuing as CEO.

Hastings Equity Partners’ portfolio company MKD Electric, LLC acquired Brittain Electric, Inc., a Georgia-based electrical contractor. Founded in 2006 by Ray and Stephanie Brittain, Brittain provides electrical services to federal, commercial, and industrial customers across the Southeast, and the deal expands MKD’s regional presence and service capabilities.

Stellex Capital Management, a middle-market private equity firm, completed the acquisition of Industrial Construction Services Holding (ICS), an electrical and instrumentation contracting and maintenance services provider. Stellex will partner with CEO Cory Borchardt and the ICS management team to support organic growth and pursue strategic acquisitions to expand service offerings and geographic footprint. Financial terms were not disclosed.

Ash & Co acquired Birkel Electric, an electrical contracting business providing turnkey electrical, engineering, and design services for commercial and industrial clients. The acquisition was supported by capital provider Tamarix Capital Partners, with Madison Street Capital serving as exclusive sell-side advisor. Financial terms were not disclosed.

The E-J Group acquired State Electric Corporation to strengthen its presence in the Northeast United States. State Electric, a full-service electrical contractor headquartered in Bedford, Massachusetts, will retain its name and leadership team while expanding the combined organization’s capabilities across complex electrical construction projects.

Horwitz, LLC, a Midwest-based mechanical, electrical and plumbing (MEP) specialty contractor backed by Svoboda Capital Partners, acquired Preferred Electric, an electrical contractor focused on commercial and industrial work. Following the transaction, Preferred Electric will operate as “Preferred Electric, a Horwitz Company,” and founder Clint Kruger will join Horwitz as general manager to lead the expanded electrical team.

KSC Holdings acquired Stansbury Electric Co., a family-owned electrical contracting company serving residential and commercial customers in the Louisville area. The transaction closed on November 8, 2024, with Generational Group advising Stansbury Electric on the sale.

On October 28, 2024, Heartwood Partners made a growth investment in The Norlee Group (Norlee Group), in partnership with the company’s management team led by founder and CEO Wally Budgell. The transaction provided White Wolf Capital Group with an exit from its July 2021 investment in Norlee; financial terms were not disclosed.

L&S Mechanical acquired Quality Electric of the Coastal Carolinas (QECC), an electrical services provider headquartered in Charleston, South Carolina. The transaction closed on November 1, 2024, and expands L&S Mechanical’s footprint beyond Texas while adding QECC’s residential and commercial electrical capabilities. QECC’s owner Chad Sanders reinvested in the combined business.

Lark Electric acquired May Electric, combining two long-standing electrical contractors in Owensboro. The deal adds May Electric’s industrial electrical, controls, and automation capabilities to Lark Electric’s commercial and residential focus, and includes plans to create a downtown apprenticeship training center in part of May Electric’s existing building in partnership with Owensboro Community & Technical College.

Wacona Capital acquired Mid-Atlantic Power Specialists, Inc. (MAPS), a specialty electrical services provider focused on mission-critical data center work in the greater Washington, DC / Northern Virginia market. Brightwood Capital Advisors partnered with Wacona to support the acquisition through financing, and Quantive Advisors served as exclusive financial advisor to MAPS. Financial terms were not disclosed.

Lynx Equity Limited acquired Esmay Electric, a specialized electrical contractor focused on solar panel installations and related design and engineering services. Founder and sole owner Greg Esmay is retiring, and Lynx plans to support the existing management team to continue operating and growing the business in the region.

Kiely Family of Companies (KIELY) announced the acquisition of All Bright Electric, an electrical contracting company headquartered in West Nyack, New York. The deal expands KIELY’s portfolio into electrical contracting as part of its broader diversified energy services offering.

One Rock Capital Partners entered into a definitive agreement to sell ArchKey Solutions to an affiliate of 26North Partners LP, with the deal announced September 4, 2024 and completed on November 4, 2024. ArchKey is a national U.S. provider of electrical and related specialty systems services, including design, installation, maintenance, upgrades and replacements of complex electrical and critical building systems. Financial terms were not disclosed.

Liberty Service Partners announced a partnership to acquire Luminous Electric, a residential and commercial electrical services contractor based in Bradenton, Florida. Luminous Electric, founded in 2011 by John and Jo Leavy, will join Liberty’s growing network of home services brands across the Southeast. Liberty Service Partners is backed by NorthCurrent Partners, which made a flagship investment in Liberty in 2020.

Hastings Equity Partners-backed MKD Electric, LLC acquired JSET Automated Technologies and D&L Electric, Inc. The acquisitions expand MKD’s exposure to data center services and broaden its geographic reach across the Southeastern United States, adding building automation/data center engineering capabilities (JSET) and design-build electrical contracting services (D&L).

RectorSeal, a CSW Industrials (CSWI) business, announced the acquisition of PSP Products to expand its surge protection and HVAC electrical product portfolio. PSP Products, based in Manassas, Virginia, supplies surge protection and load management solutions for residential and commercial applications.

Jones Capital completed a recapitalization of Dark Horse Electric, an electrical industry business providing vegetation management and line construction services for utilities and other public and commercial customers. Dark Horse Electric will continue operating from its headquarters in Sunbright, Tennessee, with Jones Capital supporting its growth and expansion in the utility services sector.

Quanta Services, Inc. completed its approximately $1.5 billion acquisition of Cupertino Electric, Inc. (CEI). Headquartered in San Jose, California, CEI provides electrical infrastructure solutions including engineering, procurement, project management, construction, and modularization services across the United States, serving technology/data centers, renewable energy, infrastructure, and commercial markets. CEI’s existing management team will remain in place, with Tom Schott continuing as President and CEO.

Liberty Service Partners acquired Easy Electrical Solutions ("Easy Electric"), a residential electrical services contractor based in Columbia, South Carolina. The deal expands Liberty Service Partners into the South Carolina market, with founders Dennis and Katielynn O'Toole expected to remain with the organization. Liberty Service Partners is backed by NorthCurrent Partners, which made its flagship investment in Liberty in 2020.

Madison River Capital (MRC) completed a $190 million recapitalization of JDC Power Systems and made an additional $70 million equity investment in the company. JDC Power Systems, headquartered in Armonk, New York, is an electrical systems integrator serving the data center market, providing engineering, procurement, installation oversight, commissioning and related mission-critical power and control systems services.

APIC Solutions Holdings, LLC (APIC), a Tower Arch Capital portfolio company, acquired/invested in and partnered with Corporate Technology Solutions, LLC (CTS), a Phoenix-based integrator of security, A/V, and low-voltage infrastructure systems. The transaction positions CTS to expand capabilities and service offerings across the Southwest alongside APIC, a master systems integrator providing electrical services, low-voltage infrastructure, and specialty/security systems. Financial terms were not disclosed.

Summit Fire & Security LLC, a subsidiary of SFP Holding, Inc. (Summit Companies), acquired Alarm Security & Contracting, Inc., effective June 18, 2024. The deal expands Summit Fire & Security’s fire alarm and security services presence in Corpus Christi, Texas, while keeping service operations at Alarm Security & Contracting’s existing local office and broadening offerings for customers.

Kroon Electric Corp. received a significant growth capital investment from BDC Capital (Growth Equity Partners Fund II) and an investor group led by George Fechter. Concurrently, BCES Global was formed as a Canada-headquartered consolidation platform and acquired three electrical services businesses: Bopat Electric Co., Inc., Transworld, Inc., and Sabino Electric, Inc. The acquired companies’ leadership teams participated in the transaction; terms were not disclosed.

Huron Capital announced that its portfolio company Criticore acquired Jenco Inc., a full-service non-union electrical contractor. The deal is Criticore’s second acquisition following its 2023 foundational investment in RK Electric and supports Criticore’s buy-and-build strategy in mission-critical commercial electrical services, expanding its presence in the Phoenix/Scottsdale market.

Evolution Strategy Partners, a private equity firm focused on infrastructure and essential businesses, acquired Amped Electric, an electrical service contractor serving the Greater Charleston and Myrtle Beach markets in South Carolina. Amped Electric will continue operating under its existing brand and leadership as an independent portfolio company of Evolution. Financial terms were not disclosed.

Skyview Energy, a division of PS Energy, acquired Mountain Power Electric (MPE), a Murphy, North Carolina-based Generac distributor. The deal expands Skyview Energy’s energy solutions offering across the North Carolina–Georgia–Tennessee Tri-State area, with MPE continuing to provide generator sales, installation, and service along with electrical services.

Shermco Industries, Inc., a provider of electrical testing, maintenance, commissioning and repair services, has completed the acquisition of Power Test, Inc., a NETA-accredited electrical testing business based in Harrisburg, North Carolina. The deal expands Shermco’s service footprint in the southeastern United States; terms were not disclosed. Shermco is majority-owned by private equity firm Gryphon Investors, and Power Test’s management team will join Shermco post-close.

Mission Critical Group (MCG) acquired Point Eight Power, a Louisiana-based manufacturer of switchgear and power control building solutions with production facilities in Louisiana and Mississippi. The acquisition expands MCG’s electrical component and system solutions capabilities and is intended to improve delivery speed and support growth at Point Eight Power.

PirTano Construction, a portfolio company of Rising Point Capital, acquired Powerlink Electric, Inc., a full-service electrical and telecommunications contractor. The transaction closed on November 17, 2023, and Powerlink will continue operating under its current leadership as a wholly owned subsidiary of PirTano, forming a new electrical division within the company.

SPATCO Energy Solutions, backed by Kian Capital, completed the acquisition of Stanton Electric, a commercial and industrial electrical contracting provider based in Oakwood, Georgia. The deal strengthens SPATCO’s EV infrastructure capabilities, particularly around EV charging station installations, and expands its electrical-focused presence across the Southeast.

ArchKey Solutions acquired Total Electric, LLC, an electrical and specialty services provider. Founded in 1983 and headquartered in Upper Marlboro, Maryland, Total Electric provides electrical and specialty service, repair, maintenance, and tenant improvements, and will join the ArchKey/Mona segment serving the Eastern United States.

SPATCO Energy Solutions, a Kian Capital-backed provider of petroleum fueling, environmental, and EV infrastructure services, completed the acquisition of K&K Electric, Inc. K&K Electric is an electrical services company focused on petroleum and EV customers and headquartered in Sanford, Florida, expanding SPATCO’s resources and capabilities across its footprint.

E-J Electric Installation Co. has acquired Lowy & Donnath Inc., an electrical contractor based in Long Island City serving the New York metropolitan area. Following the acquisition, Lowy & Donnath’s employees will join E-J Electric, strengthening E-J’s capabilities, including expertise in the healthcare market.

Summit Fire & Security LLC, a subsidiary of SFP Holding, Inc. (Summit Companies), acquired Triguard Security, Inc., effective November 14, 2023. Triguard Security provides commercial fire alarm and security solutions, and the acquisition expands Summit Fire & Security’s security and fire protection capabilities in the Mid-Atlantic, with Triguard joining the team in Scranton, Pennsylvania.

An investor group led by Greenbelt Capital Management L.P. (Greenbelt Capital Partners), together with funds managed by Schroders Capital, StepStone Group, and Wafra Inc., acquired Saber Power Services, LLC from funds managed by Oaktree Capital Management. Houston-based Saber provides substation and medium-to-high-voltage electrical infrastructure services, and its management team will retain a significant ownership stake. Blackstone Credit provided debt and equity financing to support the acquisition.

The Norlee Group, a portfolio company of White Wolf Capital Group, acquired Tietjen Technologies, Inc., with the transaction supported by senior term debt and additional capital from White Wolf. Tietjen, based in Atlantic Beach, Florida, provides low-voltage structured cabling, fiber optics, CCTV, and building automation services, expanding Norlee’s complementary engineering and installation capabilities.

Huron Capital acquired RK Electric, a Fremont, California-based full-service electrical contractor serving mission-critical, highly technical commercial end markets. The investment launches Huron’s new ExecFactor electrical services platform, with RK Electric as the cornerstone and Tom Bartolomei named CEO of the overall platform; Capstone Partners advised RK Electric on the sale.

Facility Solutions Group, Inc. (FSG) acquired Lighting Management, Inc. (LMI), a Valley Cottage, New York-based provider of lighting and controls products and related design/specification services. The acquisition expands FSG’s national lighting service offerings and adds LMI’s expertise in lighting design, value-engineering, controls, and project management.

Machinery Services Co. and Rapid Pump & Meter Service Co. (a portfolio company of Hidden Harbor Capital Partners) announced the acquisition of Delta-Electro Power, Inc. The deal expands Rapid Pump’s geographic footprint into Rhode Island and Massachusetts and enhances its capabilities in motor, pump, controls, and electrical contracting services. Delta’s management team, led by Ernie Rapoza, will remain involved with the business.

Black & Veatch Corporation has acquired Bird Electric (including Bird Electric Enterprises and Bird Electric Properties, both part of BASElectric Holdings, LLC). Bird Electric will operate as a Black & Veatch Company within Black & Veatch’s Grid Solutions portfolio, expanding its electrical utility construction and emergency power restoration capabilities across the United States and adjacent markets such as EV charging, renewables, and connectivity. Financial terms were not disclosed.

Pye-Barker Fire & Safety has acquired Advanced Engineered Systems (AESC), a Tampa, Florida-based provider of integrated fire alarm, security, and mass notification systems. The acquisition expands Pye-Barker’s security and alarm services in the Tampa market while AESC’s technicians continue serving customers across Florida.

Pavion, a provider of integrated solutions for fire, safety, security, and critical communications, acquired K&J Integrated Systems to expand its capabilities and capacity in the Northeast United States. Headquartered in the Greater Boston area, K&J specializes in commercial low-voltage installation and support services across verticals including commercial, distribution, and higher education. The deal represents Pavion’s 17th acquisition since partnering with Wind Point Partners in June 2020.

Crete Mechanical Group of Tampa, Florida acquired a majority stake in Michigan Electric Company, an electrical services and installation contractor founded in 2005. The partnership expands Crete’s network into the Michigan market and adds more than 50 employees, with Calder Capital advising the seller on the transaction. Terms were not disclosed.

Phoenix-based electrical contractor Cannon & Wendt has joined forces with Tucson-based electrical subcontractor Gilbert Electric, combining their teams and capabilities across Arizona. The transaction is described as a merger, with Gilbert Electric employees becoming part of Cannon & Wendt’s employee-owned ESOP ownership group.

CES Industrial, LLC, an industrial electrical installation and control panel manufacturing company, has been acquired by Chicago Switchboard, Inc. FOCUS Investment Banking advised CES Industrial and initiated the transaction, which is expected to expand both companies’ geographic reach and broaden product offerings from low- to high-voltage needs.

RESA Power, a portfolio company of Investcorp, acquired HALCO Service Corporation (including HALCO Testing Services, Inc. and AMPS-DMS, Inc.). The acquisition expands RESA Power’s electrical testing and engineering capabilities and broadens its service footprint, strengthening its presence in California and extending operations into Texas, with added focus on renewable energy customers.

SunGrid Holdings (a Hull Street Energy affiliate) has acquired RA Electric, Inc., an electrical services contractor based in Southern California. The deal strengthens SunGrid's California-based battery energy storage system (BESS) construction capabilities and expands its ability to support utility-scale projects aligned with the state's decarbonization and grid reliability goals.

Chauvet acquired LynTec, a global supplier of electrical power solutions used in lighting, video, and audio systems. LynTec, founded in 1982 and headquartered in Lenexa, Kansas, is known for advanced lighting control panels and related power/control products installed at over 10,000 sites worldwide.

Comfort Systems USA, Inc. announced that it has acquired Eldeco, Inc., an electrical design and construction services provider founded in 1972. Eldeco, headquartered in South Carolina and operating across the Southeastern United States, is expected to add approximately $130–$140 million in annualized revenue and $8–$9 million of EBITDA, and be neutral to slightly accretive to EPS in 2023 and 2024.

Summit Fire & Security LLC, a subsidiary of SFP Holding, Inc. (Summit Companies), completed the acquisition of Professional Systems Technology, Inc. (PST) effective February 14, 2023. PST provides design, installation, and service for low-voltage systems including fire alarm, life safety, mass notification, access control, security, and AV systems, strengthening Summit Fire & Security’s capabilities in the Salt Lake City market and beyond.

Facility Solutions Group, Inc. (FSG) acquired West-Lite Supply, a California-based lighting product distributor. The deal expands FSG’s lighting distribution and service offerings across both Northern and Southern California, with West-Lite’s staff and operations joining FSG.

Orion Energy Systems, Inc. acquired Voltrek, LLC to expand into the electric vehicle (EV) charging station market. Voltrek provides turnkey commercial EV charging solutions—from planning and installation to ongoing maintenance and management—and will operate as an independent brand within Orion.

Corbel Capital Partners completed a structured investment in Tennyson Electric Inc. in the form of preferred equity. The investment is intended to support Tennyson Electric’s continued growth. Tennyson Electric is a union-based electrical contractor headquartered in Livermore, California, serving the Bay Area.