Electric Equipment Engineering (EEE) Merges with Endpoint Industrial Controls

HKW Acquires Electric Equipment & Engineering Co.

July 3, 2025

Manufacturing

HKW, a middle-market private equity firm, has acquired Electric Equipment & Engineering Co. (EEE), a Denver-based designer and manufacturer of electrical power distribution products serving data centers, telecommunications, broadband and utilities. The company was owned by the third-generation Morroni family prior to the transaction; financial terms were not disclosed and financing was provided by Barings and Siguler Guff.

IEWC Acquires Bevco Engineering Company, Inc.

April 2, 2025

Manufacturing

IEWC, a global distributor of wire, cable and wire-management products, has acquired Bevco Engineering Company, Inc., a Wisconsin-based designer and manufacturer of electrical control systems and control panels. The deal adds Bevco’s engineered control-system design and automated manufacturing capabilities to IEWC’s product and value-add solutions offering, expanding IEWC’s capabilities across medical, data center and industrial end markets.

Continuim Equity Partners Acquires Electro-Tech Industries

May 21, 2025

Manufacturing

Continuim Equity Partners has acquired Electro-Tech Industries (ETI), a Houston-based manufacturer of engineered electrical power distribution solutions. Continuim — in its first platform investment from Fund II and first in its power generation, transmission and distribution thesis — will partner with ETI's founder George Houche, who will remain a significant shareholder, to expand manufacturing capacity and accelerate growth.

E-J Group Acquires EC Electric

March 11, 2025

Construction

The E-J Group has acquired EC Electric, a Portland-based full-service electrical contractor with expertise in data centers and chip plants. The deal expands E-J's West Coast presence and capabilities while keeping EC Electric's leadership and brand intact.

Bailey International Acquires Industrial Electronic Controls (IEC)

April 11, 2023

Manufacturing

Bailey International, backed by EBSCO Capital, has acquired Industrial Electronic Controls (IEC) to expand its electronics product portfolio and engineering capabilities in electronic throttles, displays, and sensors. The deal strengthens Bailey’s ability to serve OEM customers across agriculture, construction, forestry and transportation with more integrated mobile and industrial electronic control solutions.

Chicago Switchboard Acquires IER Electrical Equipment and Controls

January 18, 2023

Manufacturing

Chicago Switchboard, a portfolio company of Promise Holdings, acquired IER Electrical Equipment and Controls, a Houston-based manufacturer of custom electrical distribution and motor control solutions. Gemspring Capital (via its GGS I vehicle) made a strategic minority investment in Chicago Switchboard to support the add-on acquisition, which provides Chicago Switchboard a foothold in the Texas market; founder Mike Wolf sold the business.