Portage Point Partners advised Premier Electric on its sale to Kelso Industries, a portfolio company of Oxbow Equity Partners
 |
ABOUT PREMIER ELECTRICFounded by Robert Forbis, Premier Electric (the Company) is a leading full-service electrical contractor in the Southwest Florida region with a reputation for high-quality workmanship. Premier Electric offers electrical contracting services across ultra high-end residential, multifamily, condo, hotel, commercial and dormitory buildings. TRANSACTION OVERVIEWKelso Industries’ acquisition of Premier Electric represents a landmark transaction in the high-end residential services sector. The Company, recognized for its expertise in high-end residential electrical contracting, garnered strong interest from both strategic and financial buyers due to its impressive brand heritage, market leadership position and growth trajectory. The outcome connects Premier Electric with a well-capitalized partner enabling accelerated growth while maintaining the Company’s legacy of excellence. |
PORTAGE POINT IMPACT
Portage Point served as the exclusive financial advisor to Premier Electric and assisted in initiating, structuring and negotiating the transaction on its behalf. The firm conducted an extensive outreach process, approaching strategic and financial investors, to ensure a highly competitive environment and a desirable outcome. This transaction underscores the deep expertise Portage Point leverages in advising founder-led businesses to deliver outlier results in the residential and commercial services sectors. Portage Point remains dedicated to helping business owners and financial sponsors navigate complex transactions and unlock value through strategic M&A and business advisory capabilities and solutions.
Learn more about the Portage Point Investment Banking practice.
Investment Banking Services are offered through Triple P Securities, LLC. Member FINRA SIPC. Firm details on FINRAs BrokerCheck.
