Continuim Accelerates ETI's Growth with Strategic Acquisition
Deal News | May 21, 2025 | Continuim Partners
Continuim Equity Partners has announced its acquisition of Electro-Tech Industries (ETI) as its first platform investment in CEP Fund II, LP. ETI, led by founder George Houche and CFO Elizabeth Houche, is a Houston-based provider of advanced electrical power distribution solutions, serving a range of industries from data centers to electric utilities. Continuim aims to leverage its Enterprise Driven Growth Engine to expand ETI's manufacturing capacity and workforce while continuing to enhance its product offerings. This acquisition also marks Continuim’s entrance into the Power Generation, Transmission, and Distribution sectors. The collaboration solidifies strategic plans to tap into growing market demands and optimize ETI’s engineering prowess for long-term growth and value creation.
Sectors
- Private Equity
- Power Generation and Distribution
- Manufacturing
Geography
- United States – Both Continuim Equity Partners and Electro-Tech Industries are headquartered in the U.S., with Continuim based in Pittsburgh, PA, and ETI located in Houston, TX.
Industry
- Private Equity – The article discusses a private equity firm's acquisition of a company as a platform investment.
- Power Generation and Distribution – ETI operates in this industry, providing electrical power distribution solutions.
- Manufacturing – ETI is a manufacturer of electrical equipment, and Continuim focuses on acquiring manufacturing businesses.
Financials
- – The specific financial terms of the acquisition have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Continuim Equity Partners | Acquirer | Company | A private equity firm focused on acquiring and accelerating manufacturing and industrial businesses. |
| Electro-Tech Industries (ETI) | Target Company | Company | A Houston-based manufacturer of electrical power distribution solutions. |
| George Houche | President and significant shareholder of ETI | Person | Founder of ETI, he remains a significant leader in the company post-acquisition. |
| Elizabeth Houche | CFO of ETI | Person | Chief Financial Officer at ETI, continuing in leadership post-acquisition. |
| George Pilafas | Managing Partner of Continuim | Person | Representative of Continuim involved in the acquisition. |