Why We're Focused on Critical Power and Electrical Services
Critical Power and Electrical Services underpin vital infrastructure that cannot afford costly downtime. Demand for these services is recurring, resilient, and increasing as the aging power grid and growing installed base of electrical equipment require ongoing maintenance and repairs as well as significant expansion to support the rapid growth of data centers, AI, EVs, manufacturing onshoring, electrification, and digitization across the U.S.
Subsectors of Interest
- Backup Power Services (Generator & UPS)
- NETA Electrical Testing & Services
- Electric Motor Services
Industry Merits
- Large and Growing Total Addressable Market $20+ billion aggregate market across services
- Recurring, high margin revenue Mission critical services drive sticky revenue and high margins
- Fragmented Market Hundreds of regional independent players, creating an opportunity to execute add-on acquisitions and help cross-sell adjacent services
- Service Expansion runway Platform expansion opportunity from initial service offering into adjacent services including UPS services, generator services, electrical testing services, etc.
Target Business Characteristics
REVENUE
$
10
M+
EBITDA
$
2
M+
- Proven team of highly skilled technicians with strong retention
- Mission-critical services with high switching cost and customer stickiness
- Comprehensive service capabilities with reputation for reliability and customer service
- Diversified customer base across multiple end markets
- Recurring revenue from testing, maintenance and repair services
- Strong safety culture and commitment to regulatory compliance