M&A Deal Summary

Crete United Acquires RELCO

On September 1, 2022, Crete United acquired construction company RELCO

Acquisition Highlights
  • This is Crete United’s 1st transaction in the Construction sector.
  • This is Crete United’s 1st transaction in the United States.
  • This is Crete United’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-09-01
Target RELCO
Sector Construction
Buyer(s) Crete United
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

RELCO

South Easton, Massachusetts, United States
RELCO is a full-service electrical and telecommunications contractor. RELCO offers innovative technology, professionally trained project management and production teams, skilled manpower, and financial stability while focusing on safety to bring any project, regardless of size to completion on time and within budget. RELCO was founded in 1993 and is based in South Easton, Massachusetts.

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Buyer(S) 1

Buyer

Crete United

Charlotte, North Carolina, United States
Category Company
Sector Business Services
DESCRIPTION

Crete United is a provider of HVAC, electrical, plumbing, and building automation services to commercial, industrial, multi-family, government, healthcare, education, and other end markets. Crete United is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 5
Sector (Construction) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Massachusetts) 1 of 1
Country (United States) 1 of 5
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 AC

Greensboro, North Carolina, United States

AC is a provider of HVAC, electrical, plumbing, metal fabrication, rendering systems, service, and system control solutions across a range of end markets. AC was founded in 1935 and is based in Greensboro, North Carolina.

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