Amped Electric Welcomes LEED Electric to Enhance Services
Deal Facilitated by Viking Mergers & Acquisitions
After decades of dedicated service in the electrical contracting industry, LEED Electric has found a new home with Amped Electric, a well-established portfolio company of Evolution Strategy Partners. Owners, Theresa and John Gilmer, made this pivotal decision as they approach retirement, focusing on a transition that benefits employees and customers while sustaining the company's success.
Commitment to Employee and Customer Welfare
When John and Theresa recognized it was time for a new chapter, they reached out to Viking M&A for guidance. Their collaboration led to Amped Electric, which they chose due to its alignment with their values, particularly the focus on exceptional customer service. This merger is not just a business strategy but an expression of their commitment to their team and clientele.
Strengthening Capabilities Through Collaboration
Since its inception in 1997, LEED Electric has earned a stellar reputation for high-quality electrical services. The acquisition by Amped Electric allows LEED to tap into a wealth of resources and expertise, ensuring outstanding service delivery while expanding operational capabilities across a broader region.
Future Outlook for LEED Electric
Michael Jannace, President of Amped Electric, expressed enthusiasm following the merger, stating, "We are thrilled to integrate LEED Electric into our family. This partnership promises to strengthen our service offerings and advance our presence in various markets." This collaborative vision is set to elevate the level of electrical solutions provided to clients.
Seamless Transition and Leadership
John Gilmer will play a vital role in ensuring a smooth transition, reflecting the Gilmers’ dedication to their employees and clients. "Our primary goal is the benefit of our team and customers post-sale," highlighted John, showing his commitment to LEED's legacy.
Appreciation for Viking’s Role
The Gilmers also expressed their gratitude to the Viking M&A team for their comprehensive support during the acquisition process. Jeff Edge and Jay Offerdahl were instrumental in managing the transaction successfully, always available to address inquiries and coordinate effectively. This attention to detail and support underscores the smooth transition into this new partnership.
About Amped Electric
Amped Electric is dedicated to providing top-tier electrical solutions across various markets. With a focus on innovation and customer satisfaction, they strive to elevate the standards in the electrical contracting industry. Together with LEED Electric, they embark on a journey that promises to enhance service quality and ensure future growth.
Frequently Asked Questions
What led to the acquisition of LEED Electric by Amped Electric?
The acquisition was part of the Gilmers' retirement plan, aiming to ensure a smooth transition that prioritizes employee and customer welfare.
Who facilitated the acquisition?
The acquisition was facilitated by Viking Mergers & Acquisitions, ensuring a seamless process throughout the transition.
How will this acquisition benefit LEED Electric's employees?
This transition is designed to support employees by providing enhanced resources and continued commitment to their welfare and development.
What are Amped Electric's plans for the future?
Amped Electric plans to leverage LEED Electric's strengths while expanding their service offerings and market reach across the region.
What is the legacy of LEED Electric?
Since its founding, LEED Electric has built a reputation for high-quality service, and the acquisition aims to continue this legacy under Amped Electric's guidance.
