M&A Deal Summary

GMES Acquires Falcone Electric

On October 20, 2022, GMES acquired distribution company Falcone Electric

Acquisition Highlights
  • This is GMES’s 1st transaction in the Distribution sector.
  • This is GMES’s 1st transaction in the United States.
  • This is GMES’s 1st transaction in New York.

M&A Deal Summary
Date 2022-10-20
Target Falcone Electric
Sector Distribution
Buyer(s) GMES
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Falcone Electric

Batavia, New York, United States
Falcone Electric is a wholesaler and retailer of electrical supplies and lighting fixtures with a sterling reputation for quality customer service. Falcone Electric was founded in 1945 and is based in Batavia, New York.

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Buyer(S) 1

Buyer

GMES

Colchester, Vermont, United States
Category Company
Founded 1953
Sector Distribution
DESCRIPTION

GMES is an electrical distributor serving contractor, industrial, and municipal markets. It is a leader in energy-efficient solutions including LED technology, lighting retrofits, energy audits, custom lighting layouts, and photovoltaic solar. GMES provides innovative and renewable energy solutions. GMES was founded in 1953 and is based in Colchester, Vermont.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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