Houston firm buys majority stake in Milwaukee-area electrical contractor

The owners of Waukesha, Wisconsin-based contractor Next Electric LLC sold a majority stake in the company to Houston-based IES Holdings Inc.

Next Electric had $25 million in revenue last year with more than 100 workers. Founded in 2012, it does electrical work in health care, commercial, industrial and other types of buildings.

Company president Chris Surges and other managers sold an 80 percent ownership stake in the business to IES Holdings, according to a July 14 announcement. Surges and other…

Houston firm buys majority stake in Milwaukee-area electrical contractor syndicated post

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s