M&A Deal Summary

SPATCO Acquires K&K Electric

On November 30, 2023, SPATCO acquired electrical equipment company K&K Electric

Acquisition Highlights
  • This is SPATCO’s 1st transaction in the Electrical Equipment sector.
  • This is SPATCO’s 8th transaction in the United States.
  • This is SPATCO’s 2nd transaction in Florida.

M&A Deal Summary
Date 2023-11-30
Target K&K Electric
Sector Electrical Equipment
Buyer(s) SPATCO
Deal Type Add-on Acquisition

Target

K&K Electric

Sanford, Florida, United States
K&K Electric is an electrical service company that provides a full range of electrical services and equipment to petroleum, EV, commercial, and industrial customers. K&K Electric is based in Sanford, Florida.

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Buyer(S) 1

Buyer

SPATCO

Charlotte, North Carolina, United States
Category Company
Founded 1935
Sector Distribution
DESCRIPTION

SPATCO is a distributor and service of liquid handling equipment to the petroleum and industrial market. SPATCO was founded in 1953 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 8 of 12
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 8 of 12
State (Florida) 2 of 2
Country (United States) 8 of 12
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-14 MSCS

Everman, Texas, United States

MSCS is a petroleum services company providing construction, installation and maintenance services. The company has provided petroleum service customers with high-quality repair and construction services throughout Texas, supported by a team of highly skilled, factory-trained technicians. Its services include repair and maintenance on the preeminent brands and make of equipment used today, as well as general contracting with extensive experience in field service station construction, fuel system installations, tank removals and tank testing. MSCS was formed in 1997 and is based in Everman, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 Stanton Electric

Oakwood, Georgia, United States

Stanton Electric is a commercial and industrial electrical contracting provider specializes in EV car charging station installations in addition to generators and switchgear, Direct Digital Controls (DDC), and network cabling. Stanton Electric was founded in 2012 and is based in Oakwood, Georgia.

Buy -
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