Tracked deals
5
5 tracked deals across 2023-2026.
Jacksonville, Florida, United States
Norlee Group is a full-service construction company providing integrated electrical, mechanical, technology/low-voltage (MEP/LV) design engineering, and underground infrastructure services. It delivers coordinated, multi-trade solutions for commercial, multifamily, industrial, and infrastructure markets across Florida and the Southeast.
Tracked deals
5
5 tracked deals across 2023-2026.
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Addon
5 addon
Last 3 years
Supporting Data
Norlee Group (NLG) acquired IEM Electric, Inc., an industrial electrical contractor based in Hickory, North Carolina. The transaction was completed on September 30, 2026 and represents Norlee Group’s continued expansion across the Southeast, adding electrical, controls, automation, and maintenance capabilities. Madison Street Capital served as the exclusive financial advisor to IEM.
Norlee Group, a Heartwood Partners-backed platform, has acquired Inter-Bay Electric Company (IBE), a Tampa-based commercial electrical contractor, in a transaction that closed on November 5, 2025. The add-on expands Norlee's Florida footprint and service capabilities—particularly in commercial, education and public-sector electrical and low-voltage work—while IBE will continue to operate under its current leadership.
Norlee Group has acquired Beaumont Electric Company, a Naples, Florida-based electrical contracting firm, in a transaction completed on September 30, 2025; terms were not disclosed. The deal, supported by sponsor Heartwood Partners and advised to the seller by Madison Street Capital, expands Norlee's footprint and service capabilities in Southwest Florida and the broader Southeastern U.S.
The Norlee Group, a portfolio company of White Wolf Capital Group, has acquired Tietjen Technologies, Inc., a low-voltage structured cabling, fiber optics, CCTV and building automation contractor based in Atlantic Beach, Florida. The transaction was completed with senior term debt provided by White Wolf Private Credit; financial terms were not disclosed.
The Norlee Group, a portfolio company of White Wolf Capital Group, has acquired Colwill Engineering, a Tampa-based electrical, mechanical and technology engineering contractor. White Wolf provided senior term debt and a minority equity co-investment to finance the add-on acquisition, which expands Norlee's engineering and design capabilities across Florida and nationwide.
Turn tracked acquisition activity into an outreach-ready buyer list.