Announced
Financials
Tags
Friendly
Single Bidder
Private
Majority
United States
infrastructure services
energy solutions
Energy / Utility Services
Cross Border
Private Equity
Pending
Acquisition
Synopsis
CAI Capital, a Vancouver-based private equity firm, agreed to invest in Midwestern Electric, an infrastructure services provider with a particular focus on providing specialty electrical services. Financial terms were not disclosed. "We are thrilled to be partnering with CAI as they have a successful history of helping owner-led businesses like ours take the next step in their evolution. With CAI as our partner, we believe we are extremely well-positioned to capitalize on the multiple growth avenues available to MWE," Ryan Rentschler, MWE President.
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