logo
logo

Huron Capital’s Criticore acquires Jenco Inc. to expand its presence in critical commercial electrical services market

Apr 11, 2024over 1 year ago

Acquiring Company

Huron Capital

Acquired Company

Jenco

ScottsdaleBuilding MaintenanceConstruction

Description

Leading middle-market private equity firm, Huron Capital, through its portfolio company Criticore, has announced the acquisition of Jenco Inc. This acquisition supports Criticore's strategy to execute a buy-and-build within the mission-critical highly technical commercial electrical services sector, expanding its ability to provide a variety of electrical renovation, repair, and maintenance services to customers across uptime-critical end markets such as semiconductor, EV battery, data centers, biotech, healthcare, industrial manufacturing, and higher education.

Company Information

Company

Huron Capital

About

Huron Capital is a leading lower middle-market private equity firm with a focus on partnering with outstanding management teams to build leading service companies. Through HCP Services, they bring a people-first and thematic approach to investing in mission-critical service companies in the infrastructure, facility, and residential sectors.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed