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New Deal


Announced

Completed

Huron Capital-backed Criticore completed the acquisition of Jenco.

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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Friendly

Majority

Domestic

United States

specialty contractor

Acquisition

Single Bidder

Specialty Contracting

Private

Private Equity

Completed

Synopsis

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Huron Capital-backed Criticore, a full-service, engineering-led, non-union electrical services provider, completed the acquisition of Jenco, a specialty contractor. Financial terms were not disclosed. “We are excited to partner with the Jenco team to continue our path towards becoming the leading provider of comprehensive electrical services, specializing in electrical and data systems that are critical for technically advanced facilities and that meet the needs of customers throughout the entire facility lifecycle. Jenco has developed a strong brand presence through its service-oriented culture, deep technical talent base, and unwavering commitment to safety that offers strong alignment with RK Electric’s capabilities and market leading position,” Tom Bartolomei, Criticore CEO.

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