FMI Advises Bear Electrical Solutions on Partnership with Midwestern Electric and CAI Capital Partners
FMI Capital Advisors is pleased to announce the partnership of Bear Electrical Solutions with Midwestern Electric, a portfolio company of CAI Capital Partners. FMI Capital Advisors served as the exclusive sell-side financial advisor to Bear Electrical Solutions for this transaction.
Mike Peters at Bear Electrical Solutions says, “We couldn't be more thrilled with the outcome of the transaction. The FMI team exceeded our expectations at every step, from ensuring we fully understood the process to securing an ideal buyer who mirrored our corporate culture and values. Their dedication, expertise and hands-on support made all the difference.”
About Bear Electrical Solutions:
Headquartered in San Jose, California, Bear Electrical Solutions is the market leading provider of construction and maintenance services for traffic, street and parking signals in California. The company offers a wide range of solutions, including street lighting, intelligent transportation systems, electric vehicle charging stations and underground electrical services. With three offices across California, Bear Electrical serves more than 100 public agencies statewide. For additional information, please visit www.bear-electrical.com.
About Midwestern Electric:
Midwestern Electric is a leading infrastructure services provider specializing in the maintenance and installation of traffic signals, streetlights, and intelligent transport systems for government customers including State Departments of Transportation and municipalities. Additionally, Midwestern Electric provides specialized electrical, storm response, and bucket truck escort services for commercial, industrial, and utility needs. Midwestern Electric primarily operates in Indiana, Illinois, and Pennsylvania. For additional information, please visit www.midwesternelectricinc.com.
About CAI Capital Partners:
CAI Capital Partners is a Vancouver-based private equity firm focused on partnering with and growing founder-owned businesses in the Canadian and U.S. lower middle market. For additional information, please visit www.caifunds.com.
About FMI Capital Advisors:
FMI Capital Advisors has fully dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. For more information, visit fmicapitaladvisors.com.
FMI Capital Advisors Contact:
Ryan Foley
Managing Director
[email protected]