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  6. S.&T. Group Acquires Ramco Electric

M&A Deal Summary

S.&T. Group Acquires Ramco Electric

On June 23, 2025, S.&T. Group acquired business services company Ramco Electric

Acquisition Highlights
  • This is S.&T. Group’s 1st transaction in the Business Services sector.
  • This is S.&T. Group’s 1st transaction in Canada.
  • This is S.&T. Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2025-06-23
Target Ramco Electric
Sector Business Services
Buyer(s) S.&T. Group
Deal Type Add-on Acquisition

Target

Ramco Electric

Toronto, Ontario, Canada
Ramco Electric is a commercial electric vehicle charging company that deploys large-scale electrification projects in Southern Ontario. Ramco Electric was formed in 1994 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

S.&T. Group

Marie, Ontario, Canada
Category Company
Founded 1984
Sector Business Services
DESCRIPTION

S.&T. Group is a diversified company that provides a range of services in the fields of mechanical contracting, electrical contracting, HVAC (heating, ventilation, and air conditioning), plumbing, and more. S.&T. Group was founded in 1984 and is based in Marie, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
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