Add-on Acquisition • Business Services

SEAM Group Acquires Electrical Engineering & Service Co.

On February 10, 2022, SEAM Group acquired business services company Electrical Engineering & Service Co.

Acquisition Context
  • This is SEAM Group’s 3rd transaction in the Business Services sector.
  • This is SEAM Group’s 2nd transaction in the United States.
  • This is SEAM Group’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date February 10, 2022
Target Electrical Engineering & Service Co.
Sector Business Services
Buyer(s) SEAM Group
Deal Type Add-on Acquisition

Target Company

Electrical Engineering & Service Co.

Holbrook, Massachusetts, United States
Electrical Engineering & Service Co. specializes in electrical power systems, commissioning, testing and evaluation, repairs, maintenance, modification, and other services related to electrical infrastructure. EESCO is certified by the NETA and maintains strict safety standards for employees and technicians regarding proper electrical safety procedures and service techniques. Electrical Engineering & Service Co. is based in Holbrook, Massachusetts.
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Buyer Overview 1

Buyer

SEAM Group

Beachwood, Ohio, United States

Category Company
Founded 1993
Sector Business Services
DESCRIPTION

SEAM Group provides an unparalleled approach to strategic enterprise asset management, ensuring a safe environment while achieving improved utilization, enhanced performance and reliability all while reducing costs. SEAM specializes in electrical safety, predictive maintenance programs, reliability consulting and repair services; each supported by patented software systems ensuring program metrics. SEAM Group was formed in 1993 and is based in Beachwood, Ohio.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 3 of 3
Type: Add-on Acquisition 2 of 2
State: Massachusetts 1 of 1
Country: United States 2 of 2
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 BalticBerg Consulting Sp. z.o.o.

Warsaw, Poland

BalticBerg Consulting Sp. z.o.o. is a provider of consulting services and courses for industrial operations, maintenance, and asset management.

Buy -