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  6. Loenbro Acquires Stewart Electric

M&A Deal Summary

Loenbro Acquires Stewart Electric

On April 9, 2025, Loenbro acquired consumer services company Stewart Electric

Acquisition Highlights
  • This is Loenbro’s 1st transaction in the Consumer Services sector.
  • This is Loenbro’s 4th transaction in the United States.
  • This is Loenbro’s 1st transaction in Nevada.

M&A Deal Summary
Date 2025-04-09
Target Stewart Electric
Sector Consumer Services
Buyer(s) Loenbro
Deal Type Add-on Acquisition

Target

Stewart Electric

Henderson, Nevada, United States
Stewart Electric is a non-union electrical services provider primarily serving the data center market in the southeast U.S., providing mission-critical services including data center campus expansions, customer fit outs, equipment replacements, and maintenance services. Stewart Electric was formed in 2014 and is headquartered in Henderson, Nevada.

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Buyer(S) 1

Buyer

Loenbro

Westminster, Colorado, United States
Category Company
Founded 1998
Sector Construction
DESCRIPTION

Loenbro is a provider of specialized services to the energy, industrial, and infrastructure markets. Its range of service offerings includes inspection, industrial maintenance, instrumentation and electrical, industrial insulation and coatings, pipeline construction, and other complementary specialty services. Loenbro was formed in 1998 and is based in Black Eagle, Montana.

DEAL STATS #
Overall 4 of 5
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 5
State: Nevada M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2025 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-09 Revolution Industrial

Chandler, Arizona, United States

Revolution is an industrial services company specializing in critical electrical, mechanical, structural, and soft craft solutions, serving diverse and high-growth end markets across Arizona. Revolution is based in Chandler, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-09 Weifield

Centennial, Colorado, United States

Weifield is an electrical services provider with operations across the Mountain West, Texas, and Tennessee. Weifield was formed in 2002 and is headquartered in Centennial, Colorado.

Buy -
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