Electrical contractor acquisitions in 2026

The deals

The table lists each deal. It shows the buyer, the company, the state and the date. Each row links to a public source. Some sources say a buyer agreed to buy. Check the source to see if the deal had closed.

Who bought more than once

Norlee Group made 3 deals. GreenArrow made 2. Each other buyer made 1.

Where the deals were

Texas had the most, with 4. Florida had 3. Washington and Arizona had 2 each. Every other state on the list had 1.

Kinds of buyers

Investor-backed buyers made 15 deals. Firms in the electrical trade made 9.

Compared with the period before

We tracked 31 deals in 2025. Our 2026 count only runs to 2026-10-05, so the year is not done yet.

Common questions

Can I see only the deals in one state?

Yes. Open a state page from the links on this page, such as Texas or Florida. Each one shows only that state's deals.

Where can I compare the most active buyers?

Go to our top buyers ranking. It puts buyer activity side by side.

How do I check a single deal?

Click the source in that deal's table row. It shows who reported the deal and on what date.

Where do new deals show up first?

New deals are added to the deal tracker. Check it for anything announced after 2026-10-05.

Facts and sources

• 24 public deals announced in 2026. Exitr electrical contractor deal tracker, 2026-10-05
• 21 different buyers. Exitr electrical contractor deal tracker, 2026-10-05
• Norlee Group bought IEM Electric, Inc. on 2026-10-05. PR Newswire (Heartwood Partners), 2026-10-05
• Commonwealth Electrical Technologies bought Horton Electrical Services on 2026-09-15. PR Newswire (Commonwealth Electrical Technologies), 2026-09-15
• Loenbro bought Prism Electric on 2026-09-14. Construction Owners Club, 2026-09-14
• Norlee Group bought Ireland Electric Corporation on 2026-09-07. Signalbase, 2026-09-07
• GreenArrow bought MSL Electric on 2026-09-03. Pulse 2.0, 2026-09-03
• The Waldinger Corporation bought Forward Electric on 2026-08-24. The Waldinger Corporation, 2026-08-24
• Norlee Group bought Vintage Electric Inc. on 2026-08-10. Jacksonville Daily Record, 2026-08-10
• Veritas Capital bought Saber Power Services, LLC on 2026-08-06. Veritas Capital (Business Wire release), 2026-08-06
• MasTec, Inc. bought Electrical Specialists, Inc. d/b/a The Superior Group on 2026-07-07. MasTec Form 8-K (SEC), 2026-07-07
• GreenArrow bought HBC Company on 2026-06-12. Pulse 2.0, 2026-06-12
• Miller Electric Company bought Giles Electric Company on 2026-06-10. Jacksonville Daily Record, 2026-06-10
• Freestate Electric bought Deca, Inc. (Deca Electric) on 2026-06-01. PrivSource, 2026-06-01
• MYR Group Inc. bought Valley Holdings I, Inc. (Valley Electric) on 2026-05-27. MYR Group Form 8-K (SEC), 2026-05-27
• Sundt Construction bought Industrial Power Solutions (IPS) on 2026-05-06. Sundt Construction, 2026-05-06
• Prime Electric bought Scholes Electric on 2026-05-04. PR Newswire (via WBOY), 2026-05-04
• Enterprise Solutions (Enterprise Electric, LLC) bought Hawkeye Electric, LLC on 2026-05-01. PR Newswire (White Mountains Partners), 2026-05-01
• Quanta Services, Inc. bought Tri-City Group on 2026-04-03. Quad Cities Business Journal, 2026-04-03
• Primoris Services Corporation bought PayneCrest Electric, Inc. on 2026-03-31. Pulse 2.0, 2026-03-31
• Shermco Industries bought Power Quality Engineering (PQE) on 2026-03-12. Dallas Innovates, 2026-03-12
• Century Mechanical Holdings bought Weston Trawick on 2026-03-04. PrivSource, 2026-03-04
• The State Group bought Ruder Electric, Inc. on 2026-02-12. Electrical Contractor Online (EC Online), 2026-02-12
• Platte River Equity bought Team UIS on 2026-01-14. PrivSource, 2026-01-14
• Truelink Capital bought Prime Electric on 2026-01-08. PrivSource, 2026-01-08
• Allied Services Group bought Substations, Inc. (SSI) on 2026-01-06. PrivSource, 2026-01-06
• Repeat buyers: Norlee Group (3), GreenArrow (2). Exitr electrical contractor deal tracker, 2026-10-05
• Where: Texas (4), Florida (3), Washington (2), Arizona (2), North Carolina (1). Exitr electrical contractor deal tracker, 2026-10-05
• 15 by investor-backed buyers and 9 by firms in the trade. Exitr electrical contractor deal tracker, 2026-10-05
• 31 deals in 2025. Exitr electrical contractor deal tracker, 2026-10-05

Written from our sourced data and checked line by line before it was published. Counts are aggregates of public records; no page says which company may sell. Ranges are estimates, not a valuation of any company.