M&A Deal Summary

Horwitz Acquires Preferred Electric

On November 21, 2024, Horwitz acquired construction company Preferred Electric

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

M&A Deal Summary
Date 2024-11-21
Target Preferred Electric
Sector Construction
Buyer(s) Horwitz
Deal Type Add-on Acquisition

Target

Preferred Electric

Minneapolis, Minnesota, United States
Preferred Electric is an electrical contractor specializing in commercial and industrial sectors. Preferred Electric was formed in 2008 and is headquartered in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Horwitz

New Hope, Minnesota, United States
Category Company
Sector Business Services
Employees320
DESCRIPTION

Horwitz operates as a multi-trade specialty mechanical and HVAC service provider. The Company provides engineering, installation, and ongoing support for the HVAC, plumbing, electrical, and building controls industry segments. Horwitz is differentiated by its deep in-house design/build engineering capabilities which supports the Company’s cross-disciplinary service offerings. Horwitz is based in New Hope, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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