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New Deal


Announced

Completed

Evolution Strategy Partners completed the acquisition of Amped Electric.

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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Private Equity

United States

electrical services

Maintenance Repair and Overhaul (MRO)

Acquisition

Domestic

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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Evolution Strategy Partners, a private equity firm focused on infrastructure and essential businesses, completed the acquisition of Amped Electric, an electrical service contractor. Financial terms were not disclosed. “We are thrilled to welcome Amped Electric to the Evolution family. Mike and his team’s proven track record of excellence and commitment to client satisfaction perfectly complement our goal to advance best-in-class infrastructure business solutions across America. This acquisition represents a significant opportunity for us to help expand Amped’s service capabilities and geographic footprint so they can better serve the needs of clients in South Carolina and beyond," Stenning Schueppert, Evolution Managing Partner.

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