Tracked deals
11
11 tracked deals across 2026.
Electrical Services Acquisitions in 2026
Buyer mix
Strategic-led
8 strategic · 3 pe
Top trend
Volume peaked in 2024
38 tracked deals announced in 2024.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| ASSA ABLOY | 1 | Global leader in access solutions, producing locks, entra... | Strategic |
| Ardian | 1 | Global private investment firm investing across private e... | PE |
| Century Mechanical Holdings | 1 | Multi-division mechanical services platform operating acr... | Strategic |
| Concentric | 1 | National industrial power services organization providing... | Strategic |
| Elevate Service Group Inc. | 1 | Toronto-listed integrated facilities services platform ac... | Strategic |
| Freestate Electric | 1 | Commercial electrical contractor providing comprehensive ... | Strategic |
| Impact Fire | 1 | Full-service fire protection and life-safety company prov... | Strategic (PE-backed) |
| Parkway Electric & Communications Employees (via ESOP) | 1 | Employees acquire equity interest in Parkway through an E... | Mixed |
| Platte River Equity | 1 | Denver-based private equity firm that makes control inves... | PE |
| Sojitz Corporation | 1 | Tokyo Stock Exchange-listed general trading and investmen... | Strategic |
Acquisition Volume in Electrical Services in 2026 by Year
Last 9 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
October 2, 2026
- Buyer
- Parkway Electric & Communications Employees (via ESOP)
- Target
- Parkway Electric & Communications
- Seller
- Huizenga Group
- Industry
- Electrical Services
- Location
- Michigan, United States
- Type
- Buyout
Parkway Electric & Communications transitioned to 100% employee ownership through an Employee Stock Ownership Plan (ESOP). The company had been owned by Huizenga Group since its acquisition in December 2002, and the transition was positioned as the best option among alternatives, including a potential sale to an outside buyer.
-
September 8, 2026
- Buyer
- The State Group
- Target
- Mel-Kay Electric Co. (MelKay)
- Industry
- Electrical Services
- Location
- Indiana, United States
- Type
- Addon
The State Group acquired Mel-Kay Electric Co. (MelKay), an Evansville-based MEP contractor with more than 400 union tradespeople serving industrial and commercial customers across southern Indiana, western Kentucky and southern Illinois. The acquisition adds regional labor capacity and electrical, mechanical, plumbing and related services to Apollo-backed The State Group’s North American contracting platform; terms were not disclosed.
-
July 17, 2026
- Buyer
- Ardian
- Target
- Munich Electrification
- Seller
- Munich Electrification founders
- Industry
- Electrical Services
- Location
- Bavaria, Germany
- Type
- Buyout
Ardian is acquiring a majority stake in Munich Electrification from the company’s founders. The deal includes additional capital to accelerate Munich Electrification’s battery management systems strategy, geographic expansion, and planned selective buy-and-build opportunities, with founders retaining a minority stake.
-
- Buyer
- Freestate Electric, Sojitz Corporation
- Target
- Deca, Inc.
- Industry
- Electrical Services
- Location
- Maryland, United States
- Type
- Buyout
Deca, Inc. (electrical contracting across the Baltimore and Washington, D.C. metro area) has been acquired by Freestate Electric, a subsidiary of Sojitz Corporation. Freestate is a specialty electrical contractor serving Maryland, Virginia, and Washington, D.C., and said it is seeking to expand its footprint and capabilities in the United States.
-
March 4, 2026
- Buyer
- Century Mechanical Holdings
- Target
- Weston Trawick
- Industry
- Electrical Services
- Location
- Florida, United States
- Type
- Buyout
Century Mechanical Holdings acquired Weston Trawick, a Northern Florida electrical services provider, in a transaction advised by Peregrine Advisors as exclusive M&A advisor. The acquisition expands Century’s geographic density in the Southeast and strengthens its integrated MEP service capabilities across commercial and residential end markets.
-
February 9, 2026
- Buyer
- ASSA ABLOY
- Target
- NSP Security
- Industry
- Electrical Services
- Location
- Hertfordshire, United Kingdom
- Type
- Buyout
ASSA ABLOY has acquired NSP Security, a UK provider of electronic access control design, manufacturing and installation focused on student accommodation. NSP (founded 1993, ~20 employees, Borehamwood, Hertfordshire) will be integrated into ASSA ABLOY's Global Solutions business area within Hospitality to expand access control capabilities and be accretive to earnings.
-
January 26, 2026
- Buyer
- Elevate Service Group Inc.
- Target
- Charged Electric Services Ltd.
- Seller
- Tyler Weiss (founder of Charged Electric Services Ltd.)
- Industry
- Electrical Services
- Location
- Ontario, Canada
- Type
- Addon
Elevate Service Group Inc. (TSXV: SERV) completed the acquisition of Charged Electric Services Ltd., an Ontario-based electrical contractor headquartered in New Hamburg. The deal (CAD 1.5 million consideration: CAD 1.2M in Elevate shares and CAD 300k cash) adds a skilled ten-person electrical workforce, recurring commercial and industrial customers (notably in food processing and manufacturing), and accelerates technician internalization for Elevate’s facilities services platform.
-
January 14, 2026
- Buyer
- Platte River Equity
- Target
- Team UIS
- Seller
- Existing owners
- Industry
- Electrical Services
- Location
- Michigan, United States
- Type
- Buyout
Platte River Equity, a Denver-based private equity firm, has acquired Team UIS in partnership with the company's existing owners. Team UIS, founded in 1976, provides electrical testing, maintenance, SCADA and related field services to utilities, industrial, data center and infrastructure customers; Platte River said it will help scale the platform, expand capabilities and invest in training and operations.
-
January 8, 2026
- Buyer
- Truelink Capital
- Target
- Prime Electric
- Seller
- WestView Capital Partners
- Industry
- Electrical Services
- Location
- Washington, United States
- Type
- Buyout
Truelink Capital has acquired a majority stake in Prime Electric from WestView Capital Partners; financial terms were not disclosed. Prime Electric, founded in 1987 and headquartered in Bellevue, Washington, is a leading West Coast electrical contractor serving data center, technology, healthcare, commercial and industrial clients. The deal positions Prime for continued regional expansion and capability growth under Truelink's ownership while WestView remains involved.
-
January 6, 2026
- Buyer
- Concentric
- Target
- Critical Components Inc.
- Industry
- Electrical Services
- Location
- Georgia, United States
- Type
- Buyout
Concentric has acquired Atlanta-based Critical Components Inc. (CCI) to expand its critical power and precision cooling capabilities and broaden its service footprint for data centers, industrial, and healthcare customers across the U.S. Financial terms were not disclosed; CCI's leadership will take a leadership role within the combined organization to help deliver integrated design, build, and ongoing service for critical power and cooling systems.
-
January 2, 2026
- Buyer
- Impact Fire
- Target
- High Tech Solutions - Systems Group
- Seller
- Mike Ard, Justin Becker
- Industry
- Electrical Services
- Location
- Montana, United States
- Type
- Addon
Impact Fire has acquired High Tech Solutions - Systems Group, a Billings, Montana-based provider of fire alarm, security, access control and low-voltage systems, establishing Impact Fire's presence in Montana. The deal brings High Tech Solutions' installation, inspection, maintenance and monitoring capabilities and its team to Impact Fire; owners Mike Ard and Justin Becker supported the partnership.
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