Electrical Contracting

If you own a commercial electrical contracting business and have thought about an exit, buyer activity in your sector is accelerating. Deal volume among lower middle market electrical contractors rose 13% in 2024, and annual acquisitions reached 56 in 2025, nearly triple the pace from just a few years earlier. Private equity buyers now represent roughly 75% of all transactions in the sector, and with over 90% of the market spread across smaller companies, the fragmentation that defines electrical contracting continues to fuel aggressive consolidation.

This edition of Industry Insights breaks down what is driving buyer demand across commercial electrical contracting, how buyers evaluate businesses in this space, and what factors separate premium outcomes from average ones.

Inside the analysis:

• Why surging power demand from AI-intensive data centers, large federal infrastructure investments, and the need for skilled labor acquisition are creating sustained and growing buyer interest in electrical contractors
• How recurring service revenue from maintenance contracts and monitoring programs, a retrofit-heavy project mix, and strong presence in technical end markets like data centers and renewable energy affect what buyers are willing to pay
• What role customer concentration, union involvement, management team depth, and the cleanliness and defensibility of your financials play in how buyers assess deal certainty and price
• How EBITDA size and project mix influence where an electrical contractor falls on the valuation spectrum, and where businesses like yours typically land

Download the full industry insights report to learn more.