Announced
Completed
Synopsis
Broad Sky Partners, a private equity firm, completed the acquisition of Commonwealth Electrical Technologies, an electrical contractor and energy solutions company. Financial terms were not disclosed. “For over a year, our team has studied the electrical services sector, focusing on businesses that enhance energy capacity and maintain critical infrastructure. We identified CET as a best-in-class business with exceptional growth potential. We look forward to working with John Duquette Jr. and the team to drive growth across all divisions, support investment in recruitment and training of electricians, and pursue strategic M&A,” RJ David, Broad Sky Partners Managing Director.
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