Strada Services Acquires L&M Electric, Inc.
March 9, 2022
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.
- Buyers
- Strada Services
- Targets
- L&M Electric, Inc.
- Sellers
- Roger Lee, John Mezzles
- Industry
- Electrical Services
- Location
- Georgia, United States
- Transaction Type
- Buyout
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