Your Exit PathYourExitPathby Main Street Wealth
Buyer intel · Electrical

Who buys electrical businesses: 7 active acquirers

Named PE platforms, franchisors, and strategic consolidators currently acquiring electrical businesses. Every listing is drawn from public 10-K filings, funding announcements, and industry association reports — sourced, dated, and cross-checked.

Electrical multiples currently trade at SDE 2.5x–3.75x and EBITDA 4x–6.5x for well-run Main Street businesses under $5M revenue. The buyer graph below is what makes the difference between the low end and the high end.

Electrical buyer landscape

Private equity platforms

PE-backed electrical platforms

PE-backed acquirers looking to consolidate electrical businesses into regional or national platforms. Typically pay the highest multiples for well-run businesses with strong recurring revenue.

$1M–$5M revenueNationwide

Adds electrical to HVAC/plumbing platforms.

Redwood Services

PE platform
$1M–$5M revenueNationwide

Multi-trade acquirer.

Wrench Group

PE platform
$1M–$5M revenueNationwide

Selective electrical tuck-ins to existing HVAC hubs.

$1M–$5M revenueSoutheast

Kian Capital multi-trade platform.

Path Light Pro

PE platform
$1M–$5M revenueMidwest + Southeast

Multi-trade platform.

Strategic acquirers

Strategic electrical acquirers

Operating companies acquiring for market coverage, capability, or route density. Often value the specific book of business over the platform play.

TDIndustries

Strategic
$5M–$25M revenueSouthwest

Employee-owned mechanical + electrical strategic.

Franchise systems

Electrical franchisors

Franchise systems that acquire and convert independent operators. Structure and multiples differ meaningfully from PE / strategic deals — worth understanding before you commit to a process.

Sub-$1M revenueNationwide

Franchise system, converts small independents.

Timing intel

When electrical deals close

Similar to plumbing: buyers close ahead of construction seasons. Late-year deals rare because buyers wait for annual close.

Peak close months
March, April, September, October
Softest months
December, January

People also ask

Common electrical buyer questions

  • Which private equity firms are buying electrical companies right now?
    Apex Service Partners, Redwood Services, Wrench Group, Southern Home Services, Path Light Pro are the most active PE-backed platforms currently acquiring in electrical. Apex Service Partners: Adds electrical to HVAC/plumbing platforms.
  • Who are the strategic acquirers in electrical?
    TDIndustries are the primary strategic acquirers active in electrical. Strategics typically pay for market coverage, capability, or route density rather than the platform play PE firms pursue.
  • Do electrical franchisors acquire independent operators?
    Yes — Mister Sparky (Authority Brands) run franchise systems that regularly acquire and convert independent operators. Franchise-conversion structures differ meaningfully from PE / strategic deals — worth understanding before you commit to a specific process.
  • How do I get a electrical buyer to make a real offer?
    Run a competitive process, not a one-off conversation. Buyers pay their best price when they think another qualified buyer is at the table. A sell-side broker who has closed with the buyers above will run that process for you — and knows what each buyer actually values.
  • When do most electrical deals close?
    Similar to plumbing: buyers close ahead of construction seasons. Late-year deals rare because buyers wait for annual close. Peak close months: March, April, September, October. If you're planning your timeline, target listing 4–6 months ahead of these peaks so due-diligence lands in the buyer's active window.

Related buyer trackers

Who buys adjacent home-services categories

Electrical owners

Match with a broker who knows every buyer above.

Our matched brokers have direct relationships with the 7 active electrical acquirers on this page. Free intake, 3 minutes.

Sukhrobjon (Rob) Ismoilov, M&A Advisor

Schedule a consultation

Rob Ismoilov · M&A Advisor

Main Street Wealth M&A Advisors · 30 min · Free consultation

Accessibility

Display preferences

User preferences that adjust how the site displays. Saved locally on this device.

Text size

Reduce motion

Pause animations and transitions site-wide.

Underline links

Add underlines to every text link so they stand out.

High contrast

Boost contrast between text and backgrounds.

Readable font

Switch to a plain system font with generous spacing.