Recent Electrical Services Acquisitions in Indiana
Acquisition Volume in Electrical Services in Indiana by Year
Last 5 years
Actual
Full-year estimate
-
October 31, 2021
- Buyer
- CAI Capital Partners
- Target
- Midwestern Electric
- Seller
- Existing shareholders of Midwestern Electric (management/founders)
- Industry
- Electrical Services
- Location
- Indiana, United States
- Type
- Buyout
Vancouver-based private equity firm CAI Capital Partners has partnered with Midwestern Electric, a specialty electrical infrastructure services provider headquartered in East Chicago, Indiana. Management (including Ryan Rentschler, Ryan Lepper and Lenore Obajtek) retained meaningful equity and will continue to lead the business as CAI provides capital (with debt financing from CIBC) to support platform growth and expansion of MWE's municipal and commercial electrical services.
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