Located in Western Michigan, this 50+ year-old company has transformed itself into a local powerhouse by diversifying its service offerings and garnering key longstanding relationships with the area’s most prestigious and largest employers, including manufacturing companies, hospital systems, schools, beverage companies, and retail big box stores.
Its list of services includes fiber optics, machine automation, commercial and industrial lighting design, retrofitting for energy savings, installation of fire alarm systems, CCTV and card access systems, industrial machine start-up, troubleshooting, and repair in addition to typical electrical services. 80% of the Company’s work is privately negotiated.
The Company retains a strong management team and a younger generation that has been willing to step up into leadership roles as the current owners have gradually transitioned towards retirement.
A large part of the Company’s success can be attributed to its employee-focused culture. The Company invests in hiring good employees with diverse career backgrounds. The Company trains them and allows them to grow, which in turn, results in superior customer service and satisfaction and, ultimately, growth and profitability.
The Company has been a proud member of an electrical workers union for several years, and it has served them well. This relationship is expected to continue.
Buyers will be required to have a minimum of $400,000, solid credit, and preferably industry experience to qualify for SBA 7a financing.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email and request a PDF version.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you from the project manager.
IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email for support. Thank you in advance!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.