Forward Solutions Acquires ElectroRep, R/B Sales, Madigan McCune & Upper Midwest Utility Sales
August 15, 2023
Forward Solutions, a portfolio company of Osceola Capital, completed four acquisitions—ElectroRep Inc., R/B Sales Corporation, Madigan McCune & Associates, and Upper Midwest Utility Sales—to establish a new electrical division and expand its StruXur utility, telecom and power division. Two of the acquired firms (ElectroRep and R/B Sales) will be merged into a new electrical supplies division, while Madigan McCune and Upper Midwest Utility Sales will be integrated into Forward Solutions' StruXur utility division to broaden geographic coverage and product offerings.
- Buyers
- Forward Solutions, Osceola Capital
- Targets
- ElectroRep Inc., R/B Sales Corporation, Madigan McCune & Associates, Upper Midwest Utility Sales
- Platforms
- Forward Solutions
- Industry
- Professional Services
- Location
- United States
- Transaction Type
- Addon
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