Stansbury Electric Co. Sold to KSC Holdings in Strategic Acquisition
Deal News | Nov 25, 2024 | Generational Equity
Generational Group, a leading M&A advisory firm, announced the completion of the sale of Stansbury Electric Co., a family-owned electrical contracting company based in Louisville, Kentucky. The buyer, KSC Holdings, is a Danville, Kentucky-based holding company focused on mechanical construction businesses. This acquisition represents a strategic fit for both entities, allowing KSC Holdings to expand its portfolio in the electrical sector, complementing its existing investments in plumbing, garage door, and industrial supplies. The deal was finalized on November 8, 2024, and was facilitated by Generational Group's Executive Managing Director Michael Goss and his team.
Sectors
- Electrical Contracting
- Private Equity and Investments
- Mergers and Acquisitions Advisory
Geography
- United States – The transaction involves U.S.-based companies, with Stansbury Electric located in Kentucky and KSC Holdings operating throughout Kentucky and surrounding states.
Industry
- Electrical Contracting – Stansbury Electric Co. operates in the electrical contracting industry, providing services such as new construction and generator installations.
- Private Equity and Investments – KSC Holdings operates as a holding company focused on acquiring mechanical construction businesses.
- Mergers and Acquisitions Advisory – Generational Group provides M&A advisory services to privately held businesses, including facilitating the sale of Stansbury Electric Co.
Financials
- – No specific financial details such as deal price or enterprise value were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stansbury Electric Co. | Target Company | Company | A family-owned electrical contracting company located in Louisville, Kentucky. |
| KSC Holdings | Bidding Company | Company | A privately held holding company based in Danville, Kentucky, investing in mechanical construction businesses. |
| Generational Group | M&A Advisor | Company | An M&A advisory firm facilitating the sale of privately held businesses. |
| Michael Goss | Executive Managing Director, M&A | Person | Led the Generational Group's team in the transaction. |
| Madison Buckley | Vice President, M&A | Person | Involved in facilitating the transaction between Stansbury Electric Co. and KSC Holdings. |
| Ryan Binkley | CEO of Generational Group | Person | Expressed pride in facilitating impactful transactions like the sale of Stansbury Electric Co. |