Spark

Sellside Group is representing the sale of a prominent and established electrical contractor headquartered in the Southeast United States. 

The company operates across Commercial, Generator, and Service divisions with 100+ field employees and the largest electrical fleet in its region.

• Generated ~$27.7M in revenue and ~$4.3M in Adjusted EBITDA in 2025 (15.5% margin)

• Revenue and EBITDA have grown at a ~13% and ~25% CAGR respectively since 2021

• Zero long-term debt as of January 2026

• Retirement-driven sale; institutional management team in place and expected to remain post-close

Investment Highlights

• Dominant regional moat: Largest electrical fleet in its region (65+ GPS-tracked vehicles), $10M bonding capacity, and factory-authorized Generac, Kohler, and Cummins dealerships; infrastructure a new entrant would need years and significant capital to replicate.

• Dual revenue model with built-in recurring income: $6.3M in contracted commercial backlog plus 8,562 generator and service transactions in 2025 averaging 714 jobs per month. 45% of generator customers returned without solicitation.

• Growth constrained by labor, not demand: The company actively turns down work due to field labor availability — not lack of demand — creating an immediate revenue upside opportunity for a buyer who can scale the workforce.