Operating Company Industrial Services

Sunbelt Solomon

Temple, TX, United States

Provider of customized electrical power solutions and services, including new, remanufactured, and rental electrical transformers and related testing, repair, maintenance, installation, and full lifecycle power distribution equipment support.

Focus Areas
Transformer repair and refurbishment, Electrical equipment remanufacturing, Field testing and maintenance services

Tracked deals

3

3 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout

Sunbelt Solomon Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Sunbelt Solomon. 1 2019 2 2024

Supporting Data

Recent Transactions

  • Sunbelt Solomon Acquires Maxima Power Group
    August 1, 2024
    Buyer
    Sunbelt Solomon Services, Trilantic North America
    Target
    Maxima Power Group
    Industry
    Industrial Services
    Location
    Alberta, Canada
    Type
    Addon

    Sunbelt Solomon Services has acquired Maxima Power Group, a NETA-accredited electrical engineering, automation, and field services provider, in a deal that expands Sunbelt Solomon’s field services scale and geographic footprint across North and South America. The acquisition, backed by Trilantic North America, brings Maxima’s ~370 employees and nearly 20 locations into Sunbelt Solomon’s platform to broaden capabilities in power distribution equipment services and full lifecycle solutions.

  • Sunbelt Solomon Acquires Valley Transformer, Inc.
    June 11, 2024
    Buyer
    Sunbelt Solomon Services
    Target
    Valley Transformer, Inc.
    Industry
    Industrial Services
    Location
    Washington, United States
    Type
    Buyout

    Sunbelt Solomon Services has acquired Valley Transformer, Inc., a Pacific Northwest provider of transformer repair and refurbishment based in Otis Orchards, Washington. The deal expands Sunbelt Solomon's footprint and capabilities in the Pacific Northwest, giving Valley access to Sunbelt Solomon's inventory, purchasing power, and expanded field and rental services; terms were not disclosed. Valley's president and owner Kerry Riccardi will continue to lead the business as vice president and general manager.

  • Sunbelt Transformer (Trilantic North America) Merges with Solomon Corporation
    July 1, 2019
    Buyer
    Trilantic North America, Sunbelt Transformer
    Target
    Solomon Corporation
    Seller
    Funds managed by the GFI Energy Group of Oaktree Capital Management, L.P.
    Industry
    Industrial Services
    Location
    Kansas, United States
    Type
    Addon

    Trilantic North America's portfolio company Sunbelt Transformer has merged with Solomon Corporation, a provider of refurbishment, repair and salvage services for electrical transformers. The combined business will expand Sunbelt's footprint and service offering across commercial, industrial and utility customers throughout North America; Tom Smith will serve as Chairman and CEO of the combined entity while Tom Hemmer will serve as Group President of Solomon.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 3 tracked deals by Sunbelt Solomon. Acquisitions in Kansas 1 tracked deal by Sunbelt Solomon. Acquisitions in Washington 1 tracked deal by Sunbelt Solomon.

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