Buyout (LBO, MBO, MBI) • Electrical Equipment

Solomons Fund Acquires Pacific Mechanical & Electric

On November 26, 2018, private equity firm Solomons Fund acquired electrical equipment company Pacific Mechanical & Electric

Acquisition Context
  • This is Solomons Fund’s 1st transaction in the Electrical Equipment sector.
  • This is Solomons Fund’s 4th transaction in the United States.
  • This is Solomons Fund’s 4th transaction in Washington.

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M&A Deal Summary

Date November 26, 2018
Target Pacific Mechanical & Electric
Sector Electrical Equipment
Buyer(s) Solomons Fund
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Pacific Mechanical & Electric

Fife, Washington, United States
Pacific Mechanical & Electric is a provider of HVAC/ refrigeration, electrical, and hot side equipment services. Pacific Mechanical & Electric is based in Fife, Washington.
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Buyer Overview 1

DESCRIPTION

OneAccord Capital is a private investment firm focused on acquiring small businesses in the Pacific Northwest of the US. OneAccord targets companies in the manufacturing, distribution and services industries with $500K to $2M of EBITDA. OneAccord prefers companies with a consistent history of revenue and earnings growth. OneAccord Capital was formed in 2015 and is based in Kirkland, Washington.


Deal Context for Buyer #
Overall 4 of 4
Sector: Electrical Equipment 1 of 1
Type: Buyout (LBO, MBO, MBI) 4 of 4
State: Washington 4 of 4
Country: United States 4 of 4
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 Moxee Manufacturing & Assembly

Moxee, Washington, United States

Moxee Manufacturing & Assembly is a manufacturer of high quality, precision metal parts. Moxee Manufacturing & Assembly was founded in 1993 and is based in Moxee, Washington.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-07 GLI

Yakima, Washington, United States

GLI is a provider of integrated information and labeling solutions to the fruit, produce, and food processing industries. GLi is a one-stop-shop for your labeling and coding needs. GLI specializes in supporting the unique needs associated with getting fruit, produce and other agricultural products from the field to the table. GLI was founded in 1993 and is based in Yakima, Washington.

Sell -