State of M&A report
State of electrical contractor M&A, Q2 2026
Last updated
Our tracker lists 8 public electrical contractor deals announced in Q2 2026, by 8 different buyers. This count only covers deals up to 2026-06-12.
Deals by quarter
The table shows public deals and buyers for each quarter from Q3 2024 to Q2 2026. The Q2 2026 row only counts deals up to 2026-06-12. That is the last day our deal tracker was updated. Deals after that day are not in this count. Other figures on this page come from sources with later dates, and each one shows its own date.
Where the deals were
The 8 deals counted up to 2026-06-12 were spread across states. Arizona had 2. New Jersey had 1. Florida had 1. Other states had 3. One deal had no state given.
Who bought
Of the 8 deals counted up to 2026-06-12, investor-backed buyers made 3. Firms in the same trade made 5. Other or unknown buyers made 0. In that same window, 7 buyers made their first deal in our tracker.
The buyers in Q2 2026
These buyers show up in our tracker for Q2 2026, up to 2026-06-12: Enterprise Solutions (Enterprise Electric, LLC), Freestate Electric, GreenArrow, MYR Group Inc., Miller Electric Company, Prime Electric, Quanta Services, Inc. and Sundt Construction.
The firms buyers pick from
We track 35,882 electrical contractors as of 2026-10-17. Texas has 12,159 of them. Florida has 10,504. Washington has 6,266.
Published value ranges
Axia Growth published 9.7x-12.6x EV/EBITDA on 2026-10-03. On 2026-05-07, CT Acquisitions published 8x-10x EBITDA for Northern Virginia data center electrical contractors. On the same day, it published 4x-6x EBITDA for Non-data-center Virginia electrical businesses. These ranges come from those firms. They are not a value for any one company.
Download and cite
You can download the numbers on this page for free as a CSV file. If you use them, please cite Exitr, State of electrical contractor M&A, Q2 2026, and link to this page.
Download the data (CSV) Aggregate counts only, with the date and source of each row.
| Quarter | Public deals | Different buyers |
|---|---|---|
| Q3 2024 | 0 | 0 |
| Q4 2024 | 0 | 0 |
| Q1 2025 | 8 | 8 |
| Q2 2025 | 6 | 6 |
| Q3 2025 | 6 | 6 |
| Q4 2025 | 11 | 9 |
| Q1 2026 | 7 | 7 |
| Q2 2026 | 8 | 8 |
Common questions
- Where can I see each Q2 2026 deal?
- Open the Q2 2026 deal list linked on this page. It shows each deal one by one.
- How do I compare buyers across quarters?
- Use the top buyers ranking page. It lets you look at buyers side by side.
- Can I see the quarter before this one?
- Yes. The Q1 2026 report is linked on this page.
- Is there a full list of tracked firms?
- Yes. The tracker page lets you browse the electrical contractors we track.
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Facts and sources
- 8 public electrical contractor deals announced in Q2 2026. Exitr electrical contractor deal tracker, 2026-06-12
- 8 different buyers in Q2 2026. Exitr electrical contractor deal tracker, 2026-06-12
- Q3 2024: 0 public deals by 0 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q4 2024: 0 public deals by 0 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q1 2025: 8 public deals by 8 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q2 2025: 6 public deals by 6 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q3 2025: 6 public deals by 6 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q4 2025: 11 public deals by 9 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q1 2026: 7 public deals by 7 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Q2 2026: 8 public deals by 8 different buyers. Exitr electrical contractor deal tracker, 2026-06-12
- Where the 8 deals were: Arizona (2), New Jersey (1), Florida (1), other states (3), no state given (1). Exitr electrical contractor deal tracker, 2026-06-12
- Of the 8 deals: 3 by investor-backed buyers, 5 by firms in the trade, 0 by other or unknown buyers. Exitr electrical contractor deal tracker, 2026-06-12
- 7 buyers made their first deal in our tracker in Q2 2026. Exitr electrical contractor deal tracker, 2026-06-12
- Buyers in Q2 2026: Enterprise Solutions (Enterprise Electric, LLC), Freestate Electric, GreenArrow, MYR Group Inc., Miller Electric Company, Prime Electric, Quanta Services, Inc., Sundt Construction. Exitr electrical contractor deal tracker, 2026-06-12
- Tracked firms by state: Texas (12,159), Florida (10,504), Washington (6,266). Exitr counts from state license records, 2026-10-17
- 35,882 electrical contractors tracked as of 2026-10-17. Exitr counts from state license records, 2026-10-17
- 9.7x-12.6x EV/EBITDA published by Axia Growth. Axia Growth, 2026-10-03
- 8x-10x EBITDA published by CT Acquisitions for Northern Virginia data center electrical contractors. CT Acquisitions, 2026-05-07
- 4x-6x EBITDA published by CT Acquisitions for Non-data-center Virginia electrical businesses. CT Acquisitions, 2026-05-07
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.