Add-on Acquisition • Construction

Norlee Group Acquires Colwill

On August 7, 2023, Norlee Group acquired construction company Colwill

Acquisition Context
  • This is Norlee Group’s 1st transaction in the Construction sector.
  • This is Norlee Group’s 2nd transaction in the United States.
  • This is Norlee Group’s 2nd transaction in Florida.

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M&A Deal Summary

Date August 7, 2023
Target Colwill
Sector Construction
Buyer(s) Norlee Group
Deal Type Add-on Acquisition

Target Company

Colwill

Tampa, Florida, United States
Colwill is an electrical, mechanical, technology, and engineering contractor specializing in design-build commercial construction, large-scale multi-family projects, low-voltage services, and full-scale electrical and mechanical engineering. Colwill was founded in 1989 and is based in Tampa, Florida.
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Buyer Overview 1

Buyer

Norlee Group

Jacksonville, Florida, United States

Category Company
Sector Engineering
DESCRIPTION

Norlee Group specializes in electrical and specialty services for a wide range of projects across the United States. With a diverse portfolio that includes companies such as Adkins Electric, Colwill Enterprises, Millennium Electric, Tietjen CET Technologies, and Pacific Power & Systems, NLG provides expertise to clients in sectors such as public works, industrial, commercial, underground, multi-family, and technology. NLG serves an array of clients, from government entities and general contractors to property developers, corporations, and small businesses, delivering solutions tailored to their unique needs. Norlee Group is based in Jacksonville, Florida.


Deal Context for Buyer #
Overall 2 of 4
Sector: Construction 1 of 1
Type: Add-on Acquisition 2 of 4
State: Florida 2 of 4
Country: United States 2 of 4
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 MillenniuM ElectriC

Orlando, Florida, United States

MillenniuM ElectriC is a licensed electrical contractor primarily engaged in installing and servicing electrical wiring and equipment. The Company serves commercial, industrial, and residential clients throughout the Orlando, Florida, and surrounding areas. MillenniuM ElectriC was founded in 1998 and is based in Orlando, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-14 Beaumont Electric

Naples, Florida, United States

Beaumont Electric is an electrical contracting firm serving residential and commercial clients. Beaumont Electric was founded in 1979 and is based in Naples, Florida.

Buy -