FMI Announces Sale of Rocky Mountain Electric to Magic Valley Electric

FMI Capital Advisors is pleased to announce the sale of Rocky Mountain Electric, LLC (RME) to Magic Valley Electric, LLC (MVE or Magic Valley). FMI Capital Advisors served as the exclusive sell-side financial advisor to RME for this transaction.

Headquartered in Meridian, Idaho, RME is a leading non-union commercial and industrial electrical contractor operating in Idaho and Utah. The company serves general contractors, universities, high-tech manufacturers, industrial facilities, government agencies and other customers. As a second-generation family business, RME found Magic Valley as an ideal strategic partner to support its growth and continuity. Magic Valley partnered with RME as part of its strategy to develop the leading electrical platform in the Rocky Mountain region.

Tyler Bowen, CEO of RME, says, “My partner and I are thrilled to be a part of the Magic Valley family of brands. The FMI team ran a thorough search for a partner who could take us to the next level while preserving our proud identity and culture. Magic Valley proved to be the perfect match, and we look forward to expanding our business and meeting the robust demand from our geographic footprint within the U.S. Mountain States.”

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]