Who is buying electrical contractors?

Owner

Publicly traded (NYSE: PWR)

Headquarters

Houston, TX

Scale

approximately 69,500 employees at year-end 2025

Most of Quanta's revenue comes from its Electric Power Infrastructure segment. Cupertino Electric and Tri-City are the inside-electrical contractors it bought. Quanta says Tri-City closed during Q4 2025 but gives no month.

Owner

Publicly traded (NYSE: EME)

Headquarters

Norwalk, CT

Scale

Not disclosed

Paid $865M in cash for Miller Electric (closed Feb 3, 2025). EMCOR's SEC filing also lists seven acquisitions in 2024, one of them an unnamed electrical contractor in the Southeast. Giles is Miller Electric's first announced add-on, reported by tEDmag.

Owner

Publicly traded (NYSE: FIX)

Headquarters

Houston, TX

Scale

206 locations in 150 cities across the nation (Jul 2026)

A heating and air-conditioning (HVAC) and electrical contractor that is adding electrical companies. Its 10-Q says it bought Utah-based Hunt on May 1, 2026 for a preliminary $206.0M.

Owner

Publicly traded (NASDAQ: MYRG)

Headquarters

Thornton, CO

Scale

Not disclosed

Agreement announced May 27, 2026 for about $328.0M, bought from Prospect Capital. MYR's Q2 2026 release says the deal closed on July 1. Both companies feed MYR's Commercial & Industrial segment.

Owner

Publicly traded (NYSE: MTZ)

Headquarters

Coral Gables, FL

Scale

Not disclosed

A cash-and-stock deal valued at about $1.65B for Electrical Specialists, Inc. d/b/a The Superior Group, which has about 3,000 employees. It was announced Jul 7, 2026 and closed Jul 20, 2026, and Superior reports in MasTec's Power Delivery segment. This is the only electrical-contractor deal by MasTec found.

Owner

Publicly traded (NasdaqGS: STRL)

Headquarters

The Woodlands, TX

Scale

Not disclosed

CEC is an electrical and mechanical contractor bought for $505M upfront (announced Jun 17, 2025). It joined Sterling's E-Infrastructure Solutions segment. This is the only electrical deal found.

Owner

Sojitz Corporation (90%, through Sojitz Corporation of America, Oct 2024)

Headquarters

Laurel, MD

Scale

one of the largest electrical solution providers in the Washington Metropolitan area, Northern Virginia, and Greater Maryland

Owned by a Japanese trading company that is building a U.S. energy-solutions business. Deca is a control-systems electrical contractor. The May 29, 2026 date comes from Freestate's and Sojitz Energy Services' news listings.

Owner

26North Partners (affiliate; bought from One Rock Capital Partners, closed Nov 2024)

Headquarters

St. Louis, MO

Scale

over 5,000 workers (Sep 2025)

On Oct 1, 2026 it bought US Communications & Electric (Cleveland), a technology-integration firm, which is left out of the deal list. No sale or recapitalization of ArchKey in 2025-2026 was found.

Owner

Kohlberg (majority, Dec 2025); Braemont Capital and management retain significant equity

Headquarters

Westminster, CO

Scale

21 states with 28 supporting offices (combined with Weifield, Jul 2025)

Does electrical, mechanical and structural work for data centers and industrial sites. The 2025 deals were done under Braemont Capital. Prism, with about 2,500 employees, is its largest deal. In March 2026 it folded Switch Electric, Revolution Industrial, Stewart Electric and Weifield into one Loenbro brand.

Owner

Heartwood Partners (growth investment, Oct 28, 2024)

Headquarters

Jacksonville, FL

Scale

approximately 600 employees (Jun 2025)

Heartwood counts eight add-ons since its investment. The eighth is IEM, closed Sep 30, 2026 and announced Oct 5, 2026. The first, AEC Electrical Contractors (Oct 2024), is a low-voltage and cabling firm and is left out of the deal list. Norlee works across trades: electrical, mechanical, technology and fire protection. Its Regency Electric (Jacksonville) is not the same company as Denver's Regency Electric, LLC (MFG Partners).

Owner

CAI Capital Partners

Headquarters

East Chicago, IN

Scale

over 650 employees across California, Missouri, Indiana, Pennsylvania, and Florida

Does electrical work for transportation: traffic signals, streetlights and intelligent transportation systems. CAI's platform dates to Nov 2021 (Midwestern Electric), and the GreenArrow brand was formed in early 2025. Two other add-ons (Loop Installation & Repair; The Narwhal Group) are left out because their line of business was not checked.

Owner

Apollo funds (majority, Nov 2024); Blue Wolf Capital (minority)

Headquarters

Franklin, TN

Scale

offices across Canada and the United States

An industrial contractor across trades: electrical, mechanical, robotics and automation. Both add-ons are union electrical contractors. In Sep 2026 it also bought MelKay (Evansville, IN), a mechanical, electrical and plumbing contractor that is not in the deal list.

Owner

Privately held (described as family-owned in a 2016 source)

Headquarters

Des Moines, IA

Scale

Not disclosed

Founded in 1906; a full-service mechanical, electrical and sheet-metal contractor. The only source that calls it family-owned is a 2016 page from Connelly Plumbing, a company it acquired.

Owner

Truelink Capital (significant investment, Jan 2026); management and WestView Capital Partners retain a significant ownership stake

Headquarters

Bellevue, WA

Scale

strong presence across Northern California, Washington, and Oregon

Scholes, its first deal since Truelink invested, takes it into New Jersey and Pennsylvania. PrivSource calls Truelink's stake a majority, but Truelink's own release says only 'significant investment'.

Owner

Stellex Capital Management (acquired Jan 2025)

Headquarters

Houston, TX

Scale

electrical and instrumentation solutions across the Southern United States

An electrical and instrumentation (E&I) contractor. The Houston HQ comes from industry reports by KSM and EdgePoint, not from Stellex's release.

Owner

Broad Sky Partners (majority since Feb 2025)

Headquarters

Worcester, MA

Scale

Not disclosed

CET says Horton nearly doubled its workforce. NuWave Energy Solutions (Oct 2025) is an energy-efficiency design/build firm and is not in the deal list.

Owner

Bear Castle Capital

Headquarters

Not disclosed

Scale

serves a diverse customer base across five states in the Western and Southern United States (Jan 2026)

A new platform, formed in Dec 2025 when it bought Colstrip Electrical. Substations, Inc. (Jan 2026) does high-voltage substation work and is not in the deal list. Releases are datelined Boston, but no source states Allied's HQ.

Owner

White Mountains Partners (majority interest, Apr 2025)

Headquarters

Nashville, TN

Scale

Not disclosed

White Mountains Partners describes itself as 'a White Mountains operating company', set up to invest beyond insurance. It is classed here as private equity.

Owner

Blackstone (BXPE perpetual private equity; agreement Feb 2026); Odyssey Investment Partners and management retain a significant minority

Headquarters

Irvine, CA

Scale

over 1,800 field technicians and 150,000 active members

Residential home services: HVAC, plumbing and electrical. Blackstone expected the deal to close in the first half of 2026. William Blair's deal tombstone dates the sale April 2026, but no closing release from Blackstone was found.

Owner

Evolution Strategy Partners (Apr 2024)

Headquarters

Not disclosed

Scale

Greater Charleston and Myrtle Beach in South Carolina as well as the Greater Charlotte area in North Carolina

Residential and commercial electrical work. Only one add-on was found, and none since Feb 2025.

Owner

Employee-owned ("100% employee-owned")

Headquarters

Tempe, AZ

Scale

Not disclosed

A general contractor, not an electrical consolidator; only one electrical deal was found. The source says '100% employee-owned' and does not use the term ESOP.