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United Utility Acquires Williams Electric Company

Sep 03, 2021•over 4 years ago

Acquiring Company

United Utility Services

Acquired Company

Williams Electric Company

Natural ResourcesEnergySustainabilityManufacturingInformation TechnologyOther

Description

United Utility, a multifaceted utility services company, has acquired Williams Electric Company, a comprehensive electrical utility contractor with primary operations in North and South Carolina and expanded reach throughout the southeast U.S. The acquisition adds a recognized, trusted brand to United Utility's platform of utility service providers, while growing its national footprint.

Company Information

Company

United Utility Services

About

United Utility, a Bernhard Capital Partners portfolio company, is a fully integrated utility services company focused on building a platform of providers with specialized, industry-leading expertise in overhead and underground power transmission and distribution, substation, relay system, fiber optics communication and storm recovery services. The company was established in 2018 through the acquisition of W.A. Chester. In January 2021, United Utility acquired B&B Electrical & Utility Contractors, a comprehensive electrical contractor serving the southeast U.S. United Utility also acquired a minority investment in E.P. Breaux Utility Services in February 2021. This minority-owned company, located in Baton Rouge, specializes in EPC partnerships for new substation construction (AIS & GIS), substation modification and reconfiguration projects. For more information, visit unitedutility.com.

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