Huron Capital Acquires RK Electric to Launch ExecFactor Electrical Services Platform
October 10, 2023
Huron Capital has acquired RK Electric, a Fremont, California-based full-service electrical contractor, to serve as the cornerstone of its new ExecFactor electrical services platform. RK Electric's existing management will remain in place while Huron and certain existing LPs provide capital to pursue a buy-and-build strategy focused on mission-critical electrical and low-voltage services across semiconductor, biotech, EV/battery and institutional end markets.
- Targets
- RK Electric
- Sellers
- Founders and shareholders of RK Electric
- Platforms
- ExecFactor (Huron Capital electrical services platform)
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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