Commercial Electrical Contracting

If you own a commercial electrical contracting business, the market has rarely looked better for sellers. M&A deal volume rose 13% in 2024 and accelerated further in 2025 — driven almost entirely by private equity, which accounts for roughly 75% of all transactions in the sector.

This edition of Industry Insights breaks down what's fueling the acquisition frenzy and what separates contractors that command premium valuations from those that leave money on the table.

Inside the analysis:

• Why surging demand from data centers, AI infrastructure, and federal investment is driving valuations higher
• How recurring revenue and service contracts — versus pure project work — affect where you land in the multiple range
• What union involvement, customer concentration, and management independence mean for buyer interest
• Recent transactions and the private equity firms actively rolling up the sector

Download the full industry insights report to learn more.