Lark Electric Acquires May Electric

Potawatomi Ventures Acquires Lyons Electric

July 30, 2025

Electrical Services

Potawatomi Ventures has acquired Lyons Electric, a Delafield, Wisconsin-based commercial and industrial electrical contractor. The deal brings Lyons Electric into Potawatomi's Emerging Technologies Group to expand its energy and infrastructure services and enhance capabilities in electrical construction, design/build, and operations & maintenance.

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.

Lynx Equity Limited Acquires Esmay Electric

October 1, 2024

Renewable Energy

Toronto-based private equity firm Lynx Equity Limited has acquired Esmay Electric, a Lake Havasu City, Arizona electrical contractor specializing in solar panel installations, design and permitting. The founder, Greg Esmay, sold the business as part of his retirement, and Lynx intends to maintain existing customer and employee relationships while supporting the company’s leadership and continued operations in the solar sector.

Argonaut Private Equity Partners with Layco Electric Innovations

July 31, 2024

Manufacturing

Argonaut Private Equity has partnered with Layco Electric Innovations, a Tulsa-based manufacturer and servicer of electric motors, industrial control and power distribution solutions, to accelerate Layco's growth and operational expansion. Argonaut will support LEI's scaling plans, including a new state-of-the-art manufacturing facility in Tulsa, to serve end markets such as petrochemical, renewable energy and data centers.

Frontier Service Partners Acquires A.B. May

March 11, 2022

HVAC & Mechanical

Frontier Service Partners, a residential services platform backed by Imperial Capital, has partnered with A.B. May, a 60-year-old Kansas City residential services company offering HVAC, plumbing and electrical services. The deal is an add-on acquisition to Frontier's platform, expanding its Midwest footprint and enabling a generational transition while leaving A.B. May to operate under its local brand with existing management remaining in key roles.

Strada Services Acquires L&M Electric, Inc.

March 9, 2022

Electrical Services

Strada Services, a provider of residential electric, air conditioning, security and smart‑home services, has acquired L&M Electric, Inc., a residential electrical installation company founded in 2009. The deal expands Strada's footprint across the U.S. Southeast (adding Georgia, Alabama, South Carolina, Tennessee and North Carolina) and enables L&M to broaden its service offering to include A/C, security and smart‑home services; financial terms were not disclosed.