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M&A Deal Summary

CUSITech Acquires Systems Electric

On May 19, 2022, CUSITech acquired business services company Systems Electric

Acquisition Highlights
  • This is CUSITech’s 2nd transaction in the Business Services sector.
  • This is CUSITech’s 3rd transaction in the United States.
  • This is CUSITech’s 3rd transaction in Colorado.

M&A Deal Summary
Date 2022-05-19
Target Systems Electric
Sector Business Services
Buyer(s) CUSITech
Deal Type Add-on Acquisition

Target

Systems Electric

Colorado Springs, Colorado, United States
Systems Electric is a full service electrical contracting firm serving the commercial, residential, and light industrial markets. The company provide electrical services in Colorado Springs, Pueblo, Monument, Castle Rock, Denver, and the greater Front Range. Systems Electric was formed in 2014 and is based in Colorado Springs, Colorado.

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Buyer(S) 1

Buyer

CUSITech

Westerville, Ohio, United States
Category Company
Founded 2008
Sector Electrical Equipment
Employees25
DESCRIPTION

CUSITech provides national on-site implementation services, including Low Voltage, Electrical, and Hardware Installations. CUSI provides national electrical and low voltage services on a project/rollout basis. CUSI provided electrical audits and electrical correction work for bad actor ATMs throughout the US. CUSITech was founded in 2008 and is based in Westerville, Ohio.

DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Colorado M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 Downtown Electric & Lighting

Colorado Springs, Colorado, United States

Downtown Electric & Lighting provides complete residential and commercial electrical contracting services in El Paso, Fremont, Pueblo, and Teller counties. Downtown Electric & Lighting was founded in 1994 and is based in Colorado Springs, Colorado.

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