Mosaic Capital Partners Invests in Ickler Electric ESOP
May 28, 2025
Mosaic Capital Partners has invested in the newly formed IE Group Holdings, Inc. ESOP (Ickler Electric), enabling a transition to employee ownership while founder Randy Minnier remains President and CEO. Financial partners on the transaction included UMB Bank and Lafayette Square, and Capstone Partners served as financial advisor to Ickler Electric; the Company employs nearly 350 people and is headquartered in Poway, California.
- Buyers
- Mosaic Capital Partners LLC
- Targets
- IE Group Holdings, Inc. (Ickler Electric)
- Sellers
- Randy Minnier
- Industry
- Construction
- Location
- California, United States
- Transaction Type
- Recapitalization
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