M&A Deal Summary

IES Acquires Aerial Lighting & Electric

On February 18, 2020, IES acquired business services company Aerial Lighting & Electric

Acquisition Highlights
  • This is IES’s 4th transaction in the Business Services sector.
  • This is IES’s 11th transaction in the United States.
  • This is IES’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2020-02-18
Target Aerial Lighting & Electric
Sector Business Services
Buyer(s) IES
Deal Type Add-on Acquisition

Target

Aerial Lighting & Electric

Naugatuck, Connecticut, United States
Aerial Lighting & Electric, Inc. is an electrical contractor specializing in the design and installation of electrical systems for multi-family developments.

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Buyer(S) 1

Buyer

IES

Houston, Texas, United States

Category Company
Founded 1997
Sector Business Services
Employees8,028
Revenue 2.4B USD (2023)
DESCRIPTION

IES is a consisted of a group of electrical contractors provides communications, residential, commercial and industrial, and infrastructure solutions to a variety of end markets. IES was founded in 1997 and is based in Houston, Texas.


DEAL STATS #
Overall 11 of 16
Sector (Business Services) 4 of 5
Type (Add-on Acquisition) 11 of 16
State (Connecticut) 1 of 1
Country (United States) 11 of 16
Year (2020) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Electrical Contractors North

Salt Lake City, Utah, United States

Electrical Contractors North, Inc. is a provider of electrical contracting for multi-family residential and hotel construction.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-21 Plant Power & Control Systems

Birmingham, Alabama, United States

Plant Power & Control Systems, Inc. is a manufacturer and installer of custom-engineered power distribution equipment. Plant Power & Control Systems is based in Birmingham, Alabama.

Buy -