Nevada Commercial & Industrial Electrical Contractor

This is a well-established Commercial & Industrial Electrical Contractor based in Nevada, serving general contractors and direct end-users across a diverse range of markets including geothermal, solar, renewables, multi-family residential, public works, healthcare, educational, and industrial sectors. The company boasts strong adjusted EBITDA margins averaging 10.4% from fiscal years 2020 to 2023. A key differentiator is its highly profitable geothermal electrical services, which face limited regional competition. The business benefits from strong affiliations with regional General Contractors (GCs) and developers, ensuring a steady pipeline of project bid opportunities. A profit-sharing plan is in place to retain experienced key management and staff, and the company has the capability to perform work in remote locations. Significant growth opportunities exist in clean energy and renewable services, as well as in education and public works driven by growth in Northwestern Nevada and California. The business operates from a 15,000 sq ft leased facility. Ownership is open to various deal structures, and two minority owners are expected to remain post-sale.