Gemspring Capital-backed AMPAM completed the acquisition of Seal Electric.

Gemspring Capital-backed AMPAM, a plumbing provider focused on large multifamily residential projects, completed the acquisition of Seal Electric, an electrical services provider focused on large multifamily residential projects. Financial terms were not disclosed. "Joining forces with AMPAM is an exciting opportunity for Seal Electric. Their reputation for excellence and innovative approach to projects align perfectly with our strategic vision. Together, we will deliver unparalleled value through integrated solutions and streamlined project delivery," Joe Bongiovanni, Seal Electric President.