Acquisitionreported
IES Holdings acquires Edmonson Electric to expand Florida presence
What happened. IES Holdings announced the acquisition of Florida electrical contractor Edmonson Electric, five months after buying 80% of Bayonet Plumbing in Pasco County. The release was also filed with the SEC as exhibit 99.1. Terms, employee counts and the specific service area were not captured in this research pass.
Parties
- Company
- Edmonson Electric
- Buyer
- IES Holdings, Inc.
- Price
- Not disclosed
The name on the truckEdmonson Electric
Operating ownerIES Holdings, Inc.
Sugar Land, TX
Other Tampa Bay brands under IES Holdings, Inc.: Bayonet Plumbing, Heating & Air-Conditioning.
What this kind of deal tends to mean for customers and staff: pricing · sales pressure · technicians · the exit clock.
Sources Reported — credible press
- IES Holdings (2021-05-18) — press release. Announcement located but not fetched
- U.S. SEC (EDGAR) (2021-05-18) — press release. SEC exhibit of the same release
Researcher notes: Tampa Bay nexus is provisional pending confirmation of Edmonson's service area.
See something wrong? Request a correction — we publish our corrections log.
Loading comments…