{
  "title": "Who Is Buying Electrical Contracting Businesses? Strategics and PE",
  "url": "https://acquisitions.com/blog/who-is-buying-electrical-businesses/",
  "author": "Moran Pober",
  "publisher": "Acquisitions.com",
  "published": "2026-10-26",
  "updated": "2026-10-26",
  "section": "Private equity",
  "keyword": "who is buying electrical contracting businesses",
  "short_answer": "Three groups buy electrical contractors. Large public contractors such as EMCOR, Quanta Services, MYR Group and Comfort Systems USA buy big commercial and industrial firms. Private equity platforms buy mid-sized and smaller shops as add-ons. Individual buyers, often with an SBA loan, buy smaller residential and service shops.",
  "facts": {
    "EMCOR Group (NYSE: EME)": [
      "Miller Electric, Jacksonville, Florida",
      "January 2025",
      "$865 million in cash; about $805 million expected 2024 revenue"
    ],
    "Quanta Services (NYSE: PWR)": [
      "Cupertino Electric, California",
      "July 2024 (closed)",
      "About $1.5 billion paid at closing; $2.1 to $2.2 billion estimated 2024 revenue"
    ],
    "MYR Group (NASDAQ: MYRG)": [
      "Valley Electric and Comet Electric",
      "May 2026",
      "About $328.0 million; combined average revenue over $400 million"
    ],
    "Comfort Systems USA (NYSE: FIX)": [
      "Feyen Zylstra and Meisner Electric",
      "2025",
      "Both join its Electrical segment"
    ],
    "IES Holdings (NASDAQ: IESC)": [
      "K.E.P. Electric, Batavia, Ohio",
      "November 2020",
      "An electrical design and installation contractor"
    ]
  },
  "sources": [
    "https://emcorgroup.com/investor-relations/press-releases/2025-news/emcor-group-inc-release",
    "https://emcorgroup.com/investor-relations/press-releases/2025-news/emcor-group-inc-completes-acquisition-of-miller-electric-company",
    "https://investors.quantaservices.com/news-events/press-releases/detail/360/quanta-services-acquires-cupertino-electric-inc-a-premier-electrical-infrastructure-solutions-provider-to-the-technology-and-renewable-energy-industries",
    "https://www.sec.gov/Archives/edgar/data/700923/000070092326000033/myrg-2026527x8kxexx991.htm",
    "https://finance.yahoo.com/news/could-comfort-systems-acquisitions-fuel-145600600.html",
    "https://iesholdingsinc.gcs-web.com/news-releases/news-release-details/ies-holdings-acquires-kep-electric",
    "https://www.privsource.com/acquisitions/private-equity-backed-acquisitions/electrical-services"
  ],
  "license": "Facts may be quoted with attribution to Acquisitions.com and a link to the url above."
}