M&A Deal Summary

Norlee Group Acquires Inter-Bay Electric

On November 7, 2025, Norlee Group acquired business services company Inter-Bay Electric

Acquisition Highlights
  • This is Norlee Group’s 2nd transaction in the Business Services sector.
  • This is Norlee Group’s 4th transaction in the United States.
  • This is Norlee Group’s 4th transaction in Florida.

M&A Deal Summary

Date 2025-11-07
Target Inter-Bay Electric
Sector Business Services
Buyer(s) Norlee Group
Deal Type Add-on Acquisition

Target

Inter-Bay Electric

Tampa, Florida, United States
Inter-Bay Electric provides commercial and industrial electrical contracting services, including electrical construction, generator installation, low-voltage systems, and security and fire alarm system installations. The Company primarily serves public sector projects such as schools, municipal buildings, and military facilities in the Tampa Bay area. Inter-Bay Electric was founded in 1979 and is headquartered in Tampa, Florida.

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Buyer(S) 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 STATS #
Overall 4 of 4
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Florida M&A 4 of 4
Country: United States M&A 4 of 4
Year: 2025 M&A 2 of 2
PREVIOUS 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.

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