M&A Deal Summary

IES Acquires NEXT Electric

On July 14, 2017, IES acquired electrical equipment company NEXT Electric

Acquisition Highlights
  • This is IES’s 4th transaction in the Electrical Equipment sector.
  • This is IES’s 8th transaction in the United States.
  • This is IES’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2017-07-14
Target NEXT Electric
Sector Electrical Equipment
Buyer(s) IES
Deal Type Add-on Acquisition

Target

NEXT Electric

Waukesha, Wisconsin, United States
NEXT Electric LLC is an electrical contractor specializing in the design, installation and maintenance of electrical systems for commercial, industrial, healthcare, water treatment and education end markets. NEXT Electric LLC was established in 2012 and is headquartered in Waukesha, Wisconsin.

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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 8 of 16
Sector (Electrical Equipment) 4 of 6
Type (Add-on Acquisition) 8 of 16
State (Wisconsin) 1 of 1
Country (United States) 8 of 16
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-15 Technical Services

Chesapeake, Virginia, United States

Technical Services, Inc. is a provider of mechanical maintenance services, including commercial heating, ventilation and air conditioning ("HVAC"), food service equipment, electrical and plumbing services. Technical Services, Inc. was established in 1988 and is based in Chesapeake, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-06 Azimuth Communications

Tualatin, Oregon, United States

Azimuth Communications, Inc. is a provider of design and integration services for structured cabling, physical security, access control systems, distributed antenna systems, wireless access, and audio visual systems.

Buy -
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