Kiely Family of Companies Acquires All Bright Electric

Kiely Family of Companies Acquires Sodon Electric

December 17, 2025

Construction

Kiely Family of Companies (KIELY) has acquired Sodon Electric, a Long Branch, New Jersey-based electrical contractor serving Monmouth and Ocean Counties. The acquisition is the second electrical company added to KIELY’s electrical services platform since 2024 and expands the firm’s diversified energy and electrical service capabilities.

IES Holdings Acquires Aerial Lighting & Electric

February 18, 2020

Electrical Services

IES Holdings, Inc. acquired all equity interests in Aerial Lighting & Electric, Inc., a Naugatuck, Connecticut-based electrical contractor specializing in multi-family residential electrical systems. Aerial, which had approximately $24 million in 2019 revenue and over 60 employees, will join IES's Residential segment to strengthen and expand IES's presence in the Northeast and Mid-Atlantic.

Siemens AG Acquires Brightly Software from Clearlake Capital

August 4, 2022

Cloud & SaaS

Siemens AG, via its Smart Infrastructure division, agreed to acquire Brightly Software, a U.S.-based cloud-native enterprise asset management SaaS provider, from Clearlake Capital for $1.575 billion in upfront cash plus up to $300 million in earn-outs. The acquisition strengthens Siemens' digital building and infrastructure software capabilities and expands its SaaS footprint, while Brightly will benefit from Siemens' global scale.

Electrical Components International Acquires Britech, Inc.

December 9, 2022

Manufacturing

Electrical Components International (ECI), a Cerberus-backed global supplier of electrical distribution systems and assemblies, has acquired Britech, Inc., a specialty manufacturer of wire harnesses, cable assemblies and control panels based in Allentown, Pennsylvania. The acquisition expands ECI's capabilities and presence in the high-growth global semiconductor market and will keep Britech operating under its current management at its 50,000 sq. ft. Allentown facility.

Qualus Corporation Acquires GridBright

October 9, 2023

Energy

Qualus Corporation, a portfolio company of New Mountain Capital, has acquired GridBright, a Silicon Valley–area technology solutions firm specializing in grid integration software, systems integration, and advisory services. The deal (terms not disclosed) expands Qualus’ capabilities in grid modernization, resiliency, security, and renewable interconnection services; AEC Advisors advised Qualus and Capstone Partners advised GridBright.

Ash & Co Acquires Birkel Electric

December 4, 2024

Electrical Services

Ash & Co acquired Birkel Electric, a Chesterfield, Missouri-based electrical contracting firm founded in 1967. The transaction was supported by capital provider Tamarix Capital Partners and advised by Madison Street Capital; financial terms were not disclosed.