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Announced

Completed

EMCOR Group completed the acquisition of Gaston Electrical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Conventional Electricity

Domestic

Friendly

Completed

United States

Majority

Single Bidder

electricians

Synopsis

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EMCOR Group, a provider of mechanical and electrical construction, completed the acquisition of Gaston Electrical, a full service electrical construction contractor. Financial terms were not disclosed. “We are pleased to expand our footprint in the Northeast with the addition of the Gaston team. This group brings important capability and expertise in servicing many of EMCOR’s core end markets, including life sciences facilities and data centers. With one of the most experienced executive and field management teams in the electrical construction industry, Gaston will further broaden and enhance the service offerings EMCOR provides to its customers in the Greater Boston area," Dan Fitzgibbons, EMCOR President and CEO.

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