Pfingsten Invests in New England Electrical Contracting

New England Electrical (Pfingsten) Acquires Atlas Innovative Services

August 23, 2022

Telecommunications

Pfingsten-backed New England Electrical Contracting, LLC has acquired Atlas Innovative Services, Inc., a provider of maintenance, repair and upgrade services for critical telecommunications infrastructure headquartered in Pembroke, Massachusetts with operations in Punta Gorda, Florida. The add-on expands New England Electrical's service coverage across New England and provides a foothold in the growing Florida telecom services market.

Pfingsten-backed NEC Acquires Eastern Communications, LLC

November 2, 2022

Telecommunications

Pfingsten’s portfolio company NEC acquired Eastern Communications, LLC, a Bloomfield, Connecticut-based provider of maintenance, repair and upgrade services for telecommunications infrastructure. The deal—NEC’s third add-on since Pfingsten became majority shareholder in October 2021—closed October 31, 2022; Eastern CEO Steve Slade will retain ownership and join NEC’s executive team as the combined platform expands geographic coverage and service capabilities.

Pfingsten Acquires Environmental Lights

November 26, 2019

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Advanced Lighting Concepts, LLC d.b.a. Environmental Lights, a San Diego–based designer and provider of commercial accent LED lighting. The company's founders, Greg and Anne Thorson, retained equity and management will remain in place; Pfingsten plans to invest in product development, people and pursue strategic add-on acquisitions to grow the business.

Pfingsten Acquires Tempest Telecom Solutions

December 13, 2022

Telecommunications

Pfingsten, an operationally focused private equity firm, acquired Tempest Telecom Solutions, a US-based provider of network telecommunications equipment distribution and repair services, on December 2, 2022. Pfingsten plans to scale Tempest as a platform, expanding its technical service and product distribution capabilities organically and via add-on acquisitions.

Pfingsten Acquires Pacific Lasertec

September 6, 2023

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Pacific Lasertec, a San Marcos-based manufacturer of specialty lasers and related power supplies, as a new platform investment on August 25, 2023. Pfingsten said it will work with PLT's management team to scale the business organically and through strategic add-on acquisitions to build a leading photonics solutions provider serving medical diagnostics, semiconductor, scientific R&D and advanced manufacturing end markets.

New England Electrical Expands Telecom Services Platform with Molicom Partnership

June 28, 2022

Telecommunications

Pfingsten-backed New England Electrical Contracting has partnered with Modern Link Communications ("Molicom"), a Plaistow, New Hampshire-based provider of maintenance, repair and upgrade services for critical telecommunications infrastructure. Molicom President and owner Keith Barnard will retain ownership and join New England Electrical's executive team as the combined company pursues Pfingsten's strategy to build a national independent telecommunications service provider.