Electrical Services Acquisitions in South Carolina

ICS Holding, a portfolio company of Stellex Capital, has acquired Langford Electric, a Greenville, South Carolina-based electrical contractor. The add-on expands ICS Holding’s footprint and capabilities in the Southeast U.S.; terms were not disclosed and EdgePoint advised Langford Electric on the sale.

L&S Mechanical acquired Quality Electric of the Coastal Carolinas (QECC) in a deal that closed November 1, 2024. Founders Advisors advised QECC; the acquisition expands L&S's geographic footprint beyond Texas and adds electrical capabilities to its tri‑trade offering, while QECC owner Chad Sanders reinvested in the combined business.

Evolution Strategy Partners, a private equity firm based in Austin, acquired Amped Electric, an electrical service contractor serving Greater Charleston and Myrtle Beach, South Carolina. Amped will operate as an independent portfolio company under Evolution as the firm looks to expand its infrastructure platform and establish a Southeast U.S. presence.

Rely Technology (Charleston) has acquired Carolina Custom Security & Sound, a Mount Pleasant, South Carolina provider of alarm and camera systems, custom audio/video and smart home solutions. The sale, advised by Generational Equity, closed on October 11, 2023 and expands Rely’s local capabilities and footprint in the Charleston market.